Japan's Nikkei share average rebounded on Friday after six consecutive sessions of losses, although gains were tempered by caution ahead of corporate earnings reports and next month's US midterm elections, Reuters reported.The Nikkei rose 1.75% to 65,550.68 by the midday break, recovering some ground after plunging nearly 5% in the previous session. Despite the rebound, the index remained down about 5% for the week.US MarketsPowered ByAs on 16 Oct 2026, 01:30 AM ISTS&P 500 Top GainersTrade Desk13.13(7.80%)Equifax161.26(7.25%)Fair Isaac769.93(6.99%)Pool169.12(6.96%)Gainers»S&P 500 Top LosersCoterra Energy32.56(-8.62%)Hewlett Packard58.63(-7.10%)Dell Technologies473.39(-6.80%)Arista Networks185.58(-5.04%)Losers»Read more: Global Market Today: Asian stocks advance as selloff in chips easesThe broader Topix gained 1.83% to 4,072.71, but was still on track for a weekly decline of 0.8%.The recovery was largely driven by bargain hunting following the previous session's sharp selloff, with investors reluctant to make aggressive bets ahead of key corporate earnings and political developments in the United States.Live EventsInvestors are also assessing whether the outcome of the US midterm elections could influence President Donald Trump's proposals, including $5,000 payments to American adults and increased military spending.Among individual stocks, chipmaking equipment manufacturer Tokyo Electron rose 2.12%, while memory chipmaker Kioxia advanced 3.34%.