The Nikkei 225 Index climbed 1.3% to above 45,600 and the broader Topix Index rose 0.8% to 3,173 on Monday, rebounding from the prior session’s losses and mirroring Wall Street’s rally that lifted US benchmarks to new record highs. The advance followed the US Federal Reserve’s widely expected quarter-point rate cut, its first since December, along with guidance for two more reductions this year. At home, the Bank of Japan left its policy rate unchanged at 0.5% for a fifth straight meeting last week, as anticipated, while unanimously approving plans to start selling its ETF and J-REIT holdings. Technology stocks spearheaded gains, with Lasertec surging 9.9%, Advantest adding 3.5%, and Tokyo Electron up 3.6%. Other heavyweights also rose, including Fujikura (1.8%), Nintendo (3.2%), and Mitsubishi Heavy Industries (1.6%).