Japanese Stocks Rise Following European Market Rebounds

Japanese stocks rebounded today after European markets took a turn for the better, even after Standard and Poor downgraded France and eight other European nations. The Nikkei 225 Rose 0.8 percent, while the broader Topix advanced 0.6 percent. On the European end, the Stoxx Europe 600 index grew by 0.8 percent after recording three consecutive days of losses. French borrowing costs also declined at the country’s first debt auction after the S&P’s downgrade of the economy.