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Nikkei May Rise After Oil Price Drops -- Market Talk

Nikkei May Rise After Oil Price Drops -- Market Talk

Dow JonesDow Jones2026/11/04 23:44

2344 GMT - Japanese stocks may rise after the Democratic sweep of the U.S. Congress raised hopes for a quick resolution to the Middle East conflict, sending oil sharply lower. Nikkei futures are up 1.2% at 63195 on the SGX. The dollar is at 158.39 yen, compared with Y158.17 as of Wednesday's Tokyo stock market close. Investors are focusing on crude oil prices and domestic corporate earnings. Toyota Motor is scheduled to announce its quarterly results later on Thursday. The Nikkei Stock Average fell 1.4% to 62188.63 on Wednesday. (kosaku.narioka@wsj.com)

(END) Dow Jones Newswires

November 04, 2026 18:44 ET (23:44 GMT)

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