Right now it seems to be the tech stocks that are doing well.... Their share prices aren't overpriced now. It's not really a novel theme, but investors seem to be putting money into stocks that have taken a bit of a breather.
Share prices fell in knee-jerk reaction to a retreat on Wall Street overnight. Investors also took a breather after the benchmark Nikkei index added more than 200 points yesterday.
Share prices rose as technology shares here benefited from gains in the Nasdaq index.
There are some concerns that stock prices may be too high, and that seems to be weighing on the market.
After share prices surged two trading days in a row, market participants chose to lock-in profits.