Nikkei Rises 0.9%, Led by Auto, Financial Stocks -- Market Talk

Dow Jones11-15 08:10

0010 GMT - Japanese stocks are higher, led by gains in auto and financial stocks, as a weaker yen raises hopes for domestic earnings growth. Mizuho Financial Group is up 4.2% and Toyota Motor is 2.6% higher. USD/JPY is at 156.47, up from 156.01 as of Thursday's Tokyo stock market close. Investors will be closely watching any comments from Japanese government officials on the yen's recent depreciation. The Nikkei Stock Average is up 0.9% at 38870.41. (kosaku.narioka@wsj.com; @kosakunarioka)

(END) Dow Jones Newswires

November 14, 2024 19:10 ET (00:10 GMT)

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