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Nikkei Rises 0.8% As Chip Stocks Lead Gains

Wall Street Journal Markets •
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Japanese stocks rose Friday, with the Nikkei index gaining 0.8% to close higher. The rally was driven by chip-related stocks following gains in U.S. equities. U.S. stocks advanced after a selloff in Treasurys eased. Market sentiment was supported by the positive movement in technology shares.