The Nikkei average rebounded significantly, closing up 627.25 yen (+ 1.68%) from the previous day's close at 38,015.87 yen (volume approx. 870 million shares) in the morning session.

On the 19th, the U.S. stock market continued to rise. The Dow Jones Industrial Average rose 236.77 points (+0.58%) to 40,896.53, the Nasdaq rose 245.05 points (+ 1.39%) to 17,876.77, and the S&P 500 rose 54.00 points (+ 0.97%) to 5,608.25. The economy is expected to avoid rapid slowdowns and achieve a soft landing, so it rose after opening due to expectations. In addition, the Daily San Francisco Fed President, Kashkari Minneapolis Fed President, and Goolsbee Chicago Fed President all showed a positive attitude towards a rate cut in September in weekend interviews, supporting expectations of gradual rate cuts and leading to buying all day long. Semiconductor supported the market, and the stock prices expanded in the latter half of the day.

As the rise in the U.S. stock market and the progress of the yen appreciation in the exchange calmed down, the Tokyo stock market opened with a buying trend. The Nikkei average started at the 37,800 yen range and gradually expanded the increase to the 38,000 yen range, recovering from the previous day's decline. However, since the leading force is somewhat due to futures, the direction of the search is difficult to see and the trading value of the prime market in the morning session was less than 1.9 trillion yen and below 2 trillion yen.

Among the Nikkei 225 stocks, Yamaha <7951>, Sharp <6753>, and Yokogawa Electric <6841> were purchased. In addition, Sumitomo Pharmaceuticals <4506> was purchased daily and updated its year-to-date high. In addition,M3 <2413>, Mercari <4385>, Secom <9735>, Nissan Chemical <4021>, Omron <6645>, and Screen HD <7735> also rose.

On the other hand, Seven & I Holdings <3382> became a selling trend due to the backlash of the previous day's limit up. Regional bank stocks such as Shizuoka FG <5831>, Chiba Bank <8331>, Fukagawa <8354>, and Concordia <7186> were unpleasant. In addition, Hitachi <6501>, Mitsui & Co. <8031>, and Sumitomo Corporation <8053> were sold.

Among industries, precision instruments, pulp and paper, electric and gas industries, land transportation industry, air transportation industry, etc. rose, while only two sectors, banking and retail, fell.

The yen buying and dollar selling that occurred in Tokyo time the previous day was reportedly due to news that 'it will announce downward revisions of past US employment statistics on the 21st', but it was not at all considered material in overseas hours last night. The US 10-year bond yield was flat in the 3.8% range, so it was considered a rumor level. If there was a trade involving stop-losses led by supply and demand, it means that demand and supply have been sorted out for the time being, and the forex market and Tokyo stock market in the second half are likely to remain calm. The Nikkei average is assumed to be in a range of 38,000 yen.