The Nikkei’s rise was also helped by the index’s heavy exposure to high-priced technology shares. The TOPIX’s advance showed that buying was not limited to a narrow group of technology shares. Electronics and semiconductor-related stocks led the rebound, helped by the recovery in South Korean chipmakers and strong U.S. technology earnings. The global backdrop improved sharply for technology shares. Other key factors will be the two-year and 10-year JGB yields, oil prices, U.S. technology earnings and South Korean semiconductor shares.