Japanese stocks recover as tech shares rebound

Japanese stocks recovered on Tuesday, with the Nikkei 225 and Topix both rising 0.5% to 65,856 and 4,094, respectively. The gains came as technology and AI-related shares bounced back after losses in the previous session.

Investors are also looking ahead to Nvidia?s earnings later this week for fresh signs of demand for AI-related products. Federal Reserve Chair Kevin Warsh?s speech at the Jackson Hole symposium on Friday will also be closely watched for clues on the US interest-rate outlook.

On the geopolitical front, the US increased sanctions on Iran and its trading partners to push Tehran toward negotiations. Among major gainers, Fujikura rose 5.5%, Furukawa Electric jumped 10.3%, Ibiden gained 6.3%, SoftBank Group added 2.3%, and Taiyo Yuden climbed 1.3%.

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