Japan’s Stocks Advance as Yen Left Out of US Trade Talks

Japan’s stocks climbed as the outcome of initial trade talks in Washington eased concern that the US would pressure Tokyo into a stronger yen as part of tariff negotiations.

The benchmark Topixrose 1.3% to 2,530.23. The blue-chip Nikkei 225 Stock Average gained 1.4% to 34,377.60, supported by chip-related names like Screen Holdings Co. and Sumco Corp. Exporters’ shares got a lift on expectations that a decline in the yen would help the firms’ bottom line.

The moves reflected widespread relief that Japan’s currency had not featured as a topic of discussion in the US-Japan tariff negotiations. The talks ...