Japanese stocks rose on Tuesday as concerns over higher energy costs eased following overnight declines in crude oil prices. Electronics and financial stocks led the gains, with Hitachi Ltd. up 1.3% and Advantest gaining 2.0%. Tokio Marine Holdings increased 1.6% and Japan Post Bank rose 1.2%.
The dollar strengthened to 157.86 yen from 157.79 at Monday's close. Investors monitored developments in the Middle East conflict, crude oil prices, and bond yields. The Nikkei Stock Average advanced 0.4% to 70251.44.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing