The Japanese stock market soared nearly 4%, reaching a new record high, and the selling of precious metals temporarily ceased.

The Nikkei 225 index in the Japanese stock market surged nearly 4% on Tuesday, closing at a historic high and reversing the downward trend from the previous trading day. Prior to this, the selling wave of precious metals paused. The Nikkei index rose by 3.92%, closing at 54,720.66 points, marking the largest single-day increase since October 25. The index had fallen by 1.25% on Monday due to a sharp drop in precious metal prices. The TOPIX index also jumped by 3.1% on Tuesday, closing at 3,645.84 points. "The market was worried about the impact of the previous day's plunge in precious metals on other assets, but the strong performance of the European and American stock markets overnight," said Shuutarou Yasuda, a market analyst at Tohoku Tokyo Intelligence Laboratory. "This prompted investors to actively buy stocks today." He pointed out that the strong US manufacturing data was well-received by the market and also provided an opportunity for the rise in Japanese stocks. Shares of chip testing equipment manufacturer Advantest soared by 7.1%, while shares of Tokyo Electronics, a chip manufacturing equipment manufacturer, rose by nearly 4.79%. Electronic component manufacturer TDK saw its stock price surge by 11.43% after raising its annual profit forecast until March. Yamaha Motor, on the other hand, fell by 10%, becoming the stock with the largest percentage decline in the Nikkei index, after the motorcycle manufacturer lowered its annual profit forecast until December.