Nikkei reverses course to end higher on solid corporate outlook

Japanese markets opened lower after a three-day holiday, tracking U.S. stocks which ended sharply lower overnight in a broad sell-off, as sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike the previous day would not be enough to tame surging inflation.

Nikkei reverses course to end higher on solid corporate outlook
Japanese markets opened lower after a three-day holiday, tracking U.S. stocks which ended sharply lower overnight in a broad sell-off, as sentiment cratered in the face of concerns that the Federal Reserve's interest rate hike the previous day would not be enough to tame surging inflation.