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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks opened higher on Wednesday, propped up by gains on Wall Street as investors largely shrugged off a weak business confidence survey from Japan. The key Nikkei 225 index rose 0.27 percent, or 60.34 points, to 22,348.48 in early trade while the broader Topix index added 0.24 percent or 3.81 points to 1,562.58. Solid gains in US stocks on Tuesday were providing a good environment for Japanese stocks, said Okasan Online Securities. Rodrigo Catril, a senior strategist at National Australia Bank, said "US equity investors continue to see the bright side of life." "In recent weeks, US data releases have surprised on the upside, as economic activity comes back to life following the reopening of the economy. "But the rise in COVID-19 infections is now triggering a reversal on the reopening strategy, so it remains to be seen if the US economy will continue to surprise over the coming month," he said. Wall Street stocks capped a historically strong quarter on a positive note Tuesday, again ending decisively higher and shrugging off a resurgence in US coronavirus cases. The S&P 500, the broadest of the three major indices, finished up 1.5 percent for the day and around 20 percent for the quarter, the biggest gain since 1998. On top of the unexpected job gains in May, credited to the massive support programmes, new US data released Tuesday show consumer confidence jumped in June. In Japan, there was a muted market reaction to a June survey that showed business confidence among major manufacturing companies had fallen to the lowest level since 2009, with investors expecting a weak reading. The dollar inched up to 108.05 yen from 107.97 yen in New York Tuesday afternoon. In individual stock trading, Sony climbed 0.82 percent to 7,445 yen while Honda lost 0.96 percent to 2,729 yen. IT investor SoftBank Group rose 1.61 percent to 5,538 yen. mis/ric/hg
schema:headline	Tokyo stocks open higher after US gains
schema:mentions	Management information system S&P 500 Index Honda Stock Sony Information technology Japanese language United States dollar New York City Severe acute respiratory syndrome coronavirus 2 Stock trader Tuesday Afternoon Rodrigo Sperafico SoftBank Group National Australia Bank Consumer confidence Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	54 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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