Nikkei Rises 2.8% as Bank and Machinery Stocks Lead
Japanese stocks rose in early trading as easing concerns about a Middle East escalation pulled oil prices lower overnight. Mizuho Financial Group gained 3.7% and Mitsubishi Heavy Industries rose 4.0%.
1917 ET - Japanese stocks are higher in early trade as concerns eased about an escalation in the Middle East conflict, pulling oil prices lower overnight. Bank and machinery stocks are leading the gains. Mizuho Financial Group is up 3.7% and Mitsubishi Heavy Industries is 4.0% higher. The dollar is…