Japan's Nikkei rises as market awaits US election outcome
TOKYO, Nov 6 (Reuters) -Japan's Nikkei share average tracked Wall Street higher on Wednesday as market participants awaited indications of the outcome of a knife-edge U.S. presidential election.
The Nikkei .N225 was up 0.7% at 38,745.72, as of 0007 GMT, while the broader Topix .TOPX had gained 0.37% to 2,674.11.
U.S. stocks closed sharply higher in a broad rally on Tuesday after data signalled a solid economy, but investors braced for volatile trading this week as voting was underway in an extremely tight presidential election. .N
In Japan, technology stocks led the gains, with electronic components maker TDK 6762.T rising 1.7%. Chip-making equipment maker Tokyo Electron 8035.T gained 1.16% and technology start-up investor SoftBank Group 9984.T rose 0.7%.
Uniqlo-brand owner Fast Retailing 9983.T fell 0.31% to weigh on the Nikkei the most.
Reporting by Junko Fujita and Brigid Riley; Editing by Subhranshu Sahu
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