Wolfspeed's stock reacted positively to a new U.S.-Japan trade deal. This agreement could benefit Wolfspeed by strengthening ties with a key Japanese chip manufacturer and boosting the electric vehicle market,

On July 22, Japan's stock market experienced significant volatility due to election uncertainties. The Nikkei 225 index rose over 1% but later fell by 0.60%, while the broader TOPIX index also declined by approximately 0.

The Nikkei Stock Average jumped 3.5%, reaching its highest closing level in roughly a year. + Automakers such as Toyota and Honda led the way, surging by double-digit percentages, as the [U.S.-Japan d

Japan’s Topix share index closed within a whisker of a record high and government bonds slumped after a long-awaited trade deal with the US spurred an explosive day for Tokyo’s financial markets.

With the powerful Japanese car industry being a particular focus of the deal, Toyota Motor ( TM 13.64%) was a major beneficiary of that sentiment. The storied automaker 's stock popped by nearly 14% over the course of that day, easily beating the 0.8% bump of the S&P 500 index.

World markets are mixed after U.S. stock indexes hit new records. Oil prices fell and U.S. futures were little changed.

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, as President Donald Trump announced a Japan trade deal.SAPSAP and Texas InstrumentsTXN led earnings after the close.

Electric vehicle (EV) maker Tesla (TSLA) is shifting gears in Japan, a market where EV penetration is still relatively low. The Elon Musk-led automaker plans to double its retail presence in the country by the end of 2026,