# Japan's Stock Market Bouncing Back—But Don't Celebrate Too Early
The Nikkei 225 is showing some life after a brutal five-day nosedive that wiped out 5.6% (2,710 points). Now hovering around 48,650, the index managed to squeeze out a 0.07% gain yesterday—basically treading water, but hey, not falling is progress.
Here's what's keeping the market from full collapse: Wall Street cracked a smile yesterday. The Dow pumped 1.43%, NASDAQ added 0.67%, and S&P 500 climbed 0.91%. The reason? Fed officials are suddenly sounding dovish, and markets are now pricing in an 82.7% chance of another rate cut
The Nikkei 225 is showing some life after a brutal five-day nosedive that wiped out 5.6% (2,710 points). Now hovering around 48,650, the index managed to squeeze out a 0.07% gain yesterday—basically treading water, but hey, not falling is progress.
Here's what's keeping the market from full collapse: Wall Street cracked a smile yesterday. The Dow pumped 1.43%, NASDAQ added 0.67%, and S&P 500 climbed 0.91%. The reason? Fed officials are suddenly sounding dovish, and markets are now pricing in an 82.7% chance of another rate cut

