Nikkei Rises 1.3%, Led by Chip, Metals Stocks

Dow Jones08:13

0013 GMT - Japanese stocks are higher following a recovery in U.S. technology stocks overnight. Chip and metals stocks are leading gains. Tokyo Electron Ltd. is up 4.3%, SoftBank Group is 3.7% higher and JX Advanced Metals is up 4.1%. The dollar is at 163.15 yen, up from Y162.52 as of Tuesday's Tokyo stock market close. Investors are closely watching developments in the Middle East as fighting between the U.S. and Iran has intensified in recent days. Any comments on the yen's weakness from Japanese government officials are also in focus. The Nikkei Stock Average is up 1.3% at 67101.42. (kosaku.narioka@wsj.com; @kosakunarioka)

(END) Dow Jones Newswires

July 21, 2026 20:13 ET (00:13 GMT)

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