Nikkei Rises 0.9%, Led by Electronics, Auto Stocks
Japanese stocks are higher as fears about U.S. tariffs ease. A sharply weaker yen is also helping the market. Electronics, auto and financial stocks are leading gains. Tokyo Electron is up 3.5%, Toyota Motor is 2.2% higher and Dai-ichi Life Holdings is up 2.6%. USD/JPY is at 143.23, up sharply from 141.81 as of Wednesday's Tokyo stock market close. Investors are closely watching domestic earnings as well as any developments related to U.S. tariffs. The Nikkei Stock Average is up 0.9% at 35167.72.
Source: Bloomberg