Nikkei Up 2.3%, Led by Electronics, Auto Stocks -- Market Talk

Dow Jones

04-23

0022 GMT - Japanese stocks are higher in early trade after U.S. stocks rallied overnight on optimism for easing U.S.-China trade tensions. Electronics, auto, and financial shares are leading the gains. Sony Group is up 4.5%, Toyota Motor is up 4.3% and Dai-ichi Life Holdings is 3.8% higher. USD/JPY is at 142.44, up sharply from 140.13 as of Tuesday's Tokyo stock market close. Investors are closely watching any developments related to U.S. tariffs. Domestic earnings are also in focus. The Nikkei Stock Average is up 2.3% at 35004.12. (kosaku.narioka@wsj.com; @kosakunarioka)

(END) Dow Jones Newswires

April 22, 2025 20:22 ET (00:22 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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