On July 4th, the TOPIX Growth Market 250 index futures closed at 648 points, 2 points higher than the previous trading day. The high was 653 points and the low was 645 points, with a trading volume of 5,286 shares during the day. The Dow Jones Industrial Average in the US market the previous day fell slightly due to lack of momentum in the shortened trading day before Independence Day holiday. In addition, as investors take a wait-and-see approach ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes for June and June employment statistics on the 5th, the Dow Jones fell slightly. The Nasdaq index, buoyed by the rise of Tesla and Nvidia, continued to trend higher and closed at a record high. Today, the TOPIX Growth Market 250 index futures started trading at 649 points, 3 points higher than the previous trading day. With increasing momentum for upside in the overall Tokyo stock market, there were also many sellers around the 75-day moving average, resulting in a heavy upward trend. As some reports suggest that US President Biden is considering withdrawing from the election, expectations for a US stock market rally due to tax cuts have increased and interest has shifted to the main board market. With the US stock market closed for Independence Day, there is a wait-and-see attitude in the emerging markets and trading closed at 648 points.The major shares on the TOPIX Growth Market rose, including GENDA＜9166＞and WealthNavi＜7342＞.