Economics
Nikkei Rises Most in Three Months on U.S. Jobs, Toyota
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Japanese stocks gained, with the Nikkei 225 Stock Average rising the most in more than three months, after better-than-forecast jobs data in the U.S. eased concern growth is slowing in the world’s largest economy. Toyota Motor Corp. gained after beating profit estimates.
Canon Inc., a camera maker that gets almost 30 percent of its sales from the U.S., climbed 3.5 percent. Toyota rose 2.5 percent. Sharp Corp. extended its drop to a 37-year low on a report Hon Hai Precision Industry Co. plans to renegotiate its investment in the electronics company.