Nikkei surges over 3% to regain 60,000 after Wall Street advances

The Nikkei stock index surged more than 3 percent early Tuesday, reclaiming the 60,000 level. According to The Mainichi, this movement followed overnight gains on Wall Street.

US stocks rallied on Monday as falling oil prices eased inflation concerns, helping the S&P 500 recover from its largest weekly decline since April 2025. The New Straits Times reported that nine of the 11 major S&P 500 sector indexes rose by more than one percent, with industrials and consumer discretionary leading with gains exceeding three percent.

However, Nvidia shares tumbled 4.20 percent to their lowest level since April 7, as investors raised questions regarding CEO Jensen Huang following an internal investigation into a potential foreign intelligence effort targeting him.

In other developments, China has pledged to further open its financial market to companies from all countries, including the United States, following the latest Trump-Xi summit, according to CNBC and CNBC World. Additionally, the South China Morning Post reports that Nasdaq plans to extend US equity trading to nearly 23 hours a day starting December 6. This expansion will include an overnight window intended to meet investor demand in Asia and create an overlap with trading hours in Hong Kong and Beijing.

Brief written by urgent.news from The Mainichi, New Straits Times, CNBC World, CNBC, South China Morning Post — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.