Breaking! Japan and South Korea stock markets open higher, U.S. stocks for memory chips surge overnight

MaticHoleFiller · 2026-04-09T09:23:33+00:00

On April 7th, the stock markets in Japan and South Korea opened higher, with the Nikkei 225 index up 0.51% and KOSPI up 1.71%. The three major U.S. stock indices all closed higher, with technology stocks mixed; Tesla fell 2.15%. Chinese concept stocks showed mixed performance, with BaWang Tea Princess up 3.27% and XPeng Group down 1.69%.

MaticHoleFiller

2026-04-09 09:23:33

Abstract generation in progress

April 7, the Japanese and Korean stock markets opened higher. The Nikkei 225 index opened up 0.29%, at 53571.28 points; the South Korea KOSPI index rose 1.87%, to 5552.19 points.

As of the time of this release, the Nikkei 225 index was up 0.51%, and the South Korea KOSPI index was up 1.71%.

In U.S. Eastern Time on April 6, the three major U.S. stock indexes all closed higher. The Nasdaq rose 0.54%, the S&P 500 rose 0.44%, and the Dow rose 0.36%. The Nasdaq and the S&P both extended their winning streak to four consecutive days.

U.S. tech giants saw mixed performance (ordered by market cap): Nvidia rose 0.14%, Apple rose 1.15%, Google C rose 1.09%, Microsoft fell 0.16%, Amazon rose 1.44%, Broadcom fell 0.04%, and Meta fell 0.25%.

Tesla fell 2.15%. JPMorgan Chase analyst Ryan Brinkman said Tesla investors should act with caution, because the company faces the risk of further deterioration in its performance.

Chip stocks generally moved higher. The Philadelphia Semiconductor Index rose 1.06%, with 21 of the 30 constituent stocks closing higher. Monolithic Power Systems rose 5.5%, and Analog Devices rose 2.83%.

Most storage-related concept stocks moved higher. Seagate Technology rose 5.58%, closing at a record high. Morgan Stanley placed the stock on its list of preferred holdings. SanDisk rose 3.28%, Micron Technology rose 3.15%, and Western Digital rose 3.11%.

As for Chinese concept stocks, the Livermore Chinese concept stock leader index rose 0.16%, while the Nasdaq China Golden Dragon Index fell 0.21%.

Popular Chinese concept stocks saw mixed results: Bawang Chaji (Bawang Chaji) rose 3.27%, KE Holdings rose 1.89%, TAL Education Group rose 0.71%, and Baidu rose 0.29%; Pony.ai fell 2.82%, XPeng Inc. fell 1.69%, and Tencent Music fell 1.64%.

Source: Economic Information Daily, Zhitong Finance, public information

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