Japanese stocks are higher thanks to continued hopes for growing artificial intelligence-related demand and following gains in U.S. technology shares. Electronics and tech stocks are leading gains. Tokyo Electron is up 4.9% and SoftBank Group is 3.8% higher. The dollar is at 162.65 yen, compared with Y162.24 as of Tuesday's Tokyo stock market close. Investors are closely watching any progress in U.S.-Iran peace talks and any comments on the yen's depreciation by Japanese government officials. The Nikkei Stock Average is up 2.3% at 71701.04. (kosaku.narioka@wsj.com; @kosakunarioka)
Dow Jones Newswires
Nikkei Rises 2.3%, Led by Electronics, Tech Stocks — Market Talk
Japanese stocks are higher thanks to continued hopes for growing artificial intelligence-related demand and following gains in U.S. technology shares. Electronics and tech stocks are leading gains. Tokyo Electron is up 4.9% and SoftBank Group is 3.8% higher. The dollar is at 162.65 yen, compared wi…