Japanese Stocks Close Higher, Led by Tech as CES Reignites AI Excitement

Japanese stocks ended higher, led by gains in semiconductor and other electronics shares.

Several announcements were made at CES in Las Vegas, rekindling enthusiasm over artificial intelligence applications. Tokyo Electron gained 11% and Yaskawa Electric climbed 7.0%. The Nikkei Stock Average rose 2.0% to 40083.30.

Investors closely watched for any further escalation in U.S.-China trade tensions.