Japan’s Stocks Advance as Yen Left Out of US Trade Talks
Japan’s stocks climbed as the outcome of initial trade talks in Washington eased concern that the US would pressure Tokyo into a stronger yen as part of tariff negotiations.
The benchmark Topix rose 1.3% to 2,530.23. The blue-chip Nikkei 225 Stock Average gained 1.4% to 34,377.60, supported by chip-related names like Screen Holdings Co. and Sumco Corp. Exporters’ shares got a lift on expectations that a decline in the yen would help the firms’ bottom line.