Nikkei, KOSPI extend rebound as AI and chip equities jump, recouping Friday’s rout

In today's stock market today news, the rebound suggests market participants see last week's AI selloff as a positioning shakeout instead of a turn in the cycle, according to investingLive. That fits the wealth managers' view this morning and the robust AI-led export numbers from China.

Key points

• The Nikkei had fallen almost 6% on Friday on fears that Democratic increases in the US midterm elections could slow AI investment.
• The KOSPI surged over 4% to about 5,240, with the tech-heavy KOSDAQ up close to 4% in Seoul.
• Japan's Nikkei 225 was up roughly 2.7% near 60,400 in early afternoon trade, while the broader Topix picked up around 2.2%.
• SoftBank Group spiked over 14%, chip equipment makers Advantest and Tokyo Electron advanced about 5% to 6%.
• Brent crude was trading about $92 a barrel and US WTI near $86, both modestly lower on the day.

Stock market today: the details

Japanese and South Korean shares extended their rebound on Tuesday as AI-related shares advanced again, recovering much of the ground lost in Friday's tech-led selloff. Japan's Nikkei 225 was up roughly 2.7% near 60,400 in early afternoon trade, while the broader Topix picked up around 2.2%. The KOSPI surged over 4% to about 5,240, with the tech-heavy KOSDAQ up close to 4% in Seoul.

SoftBank Group spiked over 14%, chip equipment makers Advantest and Tokyo Electron advanced about 5% to 6%, and memory maker Kioxia leapt over 7% in Tokyo. Kioxia was a key driver of the Nikkei's run to an all-time high in June but has since been hit by softer sentiment toward AI shares.

Samsung Electronics moved higher roughly 5% and SK Hynix about 6% in Seoul. The Nikkei had fallen almost 6% on Friday on fears that Democratic increases in the US midterm elections could slow AI investment.

Brent crude was trading about $92 a barrel and US WTI near $86, both modestly lower on the day. Hong Kong's Hang Seng was up roughly 0.5% and Shanghai about 0.3%.

Why stock market today matters for traders

Equity moves reflect expectations for earnings, interest rates and economic growth. Strong or weak results from large companies can shift sentiment across whole sectors and indices.

Stock-market sentiment also spills over into currencies: risk-on moods tend to favour higher-yielding currencies, while sell-offs often support safe havens.

Market reaction and data

On the currency side, the latest ECB daily reference rates (2026-11-09) show EUR/USD 1.1193, GBP/USD 1.3416, AUD/USD 0.6894, NZD/USD 0.5613, USD/JPY 157.95, USD/CHF 0.8187, USD/CAD 1.4103, USD/CNY 6.6728. These are reference fixes, not live quotes.

What to watch next for stock market today

Traders will track upcoming earnings, guidance from company management, bond yields and macro data that could change the rate outlook.

Key scheduled releases on the economic calendar:

• USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
• USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
• GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
• USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
• USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%

Follow every update in our Top 10 Forex News Today, read Australia to mandate AI breach reporting, set up regulator following OpenAI agent breach or see all of today's top market news.

FAQ

What is the latest stock market today news?

The rebound suggests market participants see last week's AI selloff as a positioning shakeout instead of a turn in the cycle.

Why do stock markets react to interest rates?

Higher rates raise borrowing costs and reduce the present value of future profits, which tends to weigh on stock valuations, especially for growth companies.

Where does this information come from?

This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.