Japan Stocks Rise as U.S. Jobs Data Beat Estimates; Nikon Jumps
This article is for subscribers only.
Japanese stocks rose, with the Nikkei 225 Stock Average closing at its highest level in three months, after U.S. joblessness fell and companies from Nikon Corp. to Oki Electric Industry Co. raised profit forecasts.
Sony Corp. and Toyota Motor Corp. advanced on optimism rising employment in the U.S. will boost exports. Nikon surged 11 percent after raising its full-year outlook on sales of digital cameras. Oki Electric jumped 14 percent.