Global shares mostly rise, led by a post-election rally in Japan
[February 10, 2026] By
YURI KAGEYAMA
TOKYO (AP) — Global shares were mostly higher Tuesday as Japan’s
benchmark set another record after a historic election win for the
nation’s first female prime minister.
France's CAC 40 edged up 0.2% in early trading to 8,342.16, while
Germany's DAX lost nearly 0.2% to 24,977.44. Britain's FTSE 100 slipped
0.5% to 10,339.55. The futures for the S&P 500 and the Dow Jones
Industrial Average were up less than 0.1%.
In Asian trading, Japan's benchmark Nikkei 225 jumped 2.3% to finish at
57,650.54, a record close. It jumped 3.9% to a record Monday after the
landslide victory for Sanae Takaichi’s political party in Sunday's
parliamentary election. Takaichi is expected to push through reforms
intended to boost the economy and stock market.
“Japan’s fiscal stance could loosen further because the LDP’s
supermajority will enable the new government to implement policies with
few obstacles,” Fitch Ratings said in a report following the election,
referring to Takaichi's Liberal Democratic Party.
“Policy choices under the new government are likely to focus on tax
relief and growth-oriented investment spending, reflecting voter
concerns over higher inflation and low income growth,” it said.
Hong Kong’s Hang Seng surged 0.6% to 27,183.15, while the Shanghai
Composite added 0.1% to 4,128.37.
Australia's S&P/ASX 200 declined less than 0.1% to 8,867.40. South
Korea's Kospi gained less than 0.1% to 5,301.69.
On Monday, the S&P 500 gained 0.5% and the Dow edged up less than 0.1%.
The Nasdaq gained 0.9%.
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Currency traders work near a screen showing the Korea Composite
Stock Price Index (KOSPI), top center, and the foreign exchange rate
between U.S. dollar and South Korean won, top left, at the foreign
exchange dealing room of the Hana Bank headquarters in Seoul, South
Korea, Tuesday, Feb. 10, 2026. (AP Photo/Ahn Young-joon)
The U.S. government will offer the latest monthly update on the
health of the job market on Wednesday. Friday will bring the latest
monthly reading of inflation at the consumer level.
Either report could sway expectations for what the Federal Reserve
will do with interest rates. The Fed has put its cuts to interest
rates on hold, but a weakening of the job market could push it to
resume more quickly.
Too-hot inflation could keep it on hold for longer. One of the
reasons the U.S. stock market remains close to records is the
expectation that the Fed will continue cutting interest rates.
In other dealings early Tuesday, benchmark U.S. crude added 5 cents
to $64.41 a barrel. Brent crude, the international standard,
advanced 22 cents to $69.26 a barrel.
The U.S. dollar edged down to 155.55 Japanese yen from 155.88 yen.
The euro cost $1.1902, down from $1.1918.
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