(Bloomberg) -- Japanese stocks gained, paced by
trading companies and oil explorers, after Nikko Citigroup Ltd.
raised its recommendation on Sumitomo Corp. and Marubeni Corp.
shares and the price of crude oil advanced.
Limiting gains, technology-related companies that rely on
U.S. sales such as Sony Corp. declined after a higher-than-
forecast rise in U.S. labor costs fueled concern accelerating
inflation will prompt the Federal Reserve to increase interest
rates.
Read more at Bloomberg Stocks News
trading companies and oil explorers, after Nikko Citigroup Ltd.
raised its recommendation on Sumitomo Corp. and Marubeni Corp.
shares and the price of crude oil advanced.
Limiting gains, technology-related companies that rely on
U.S. sales such as Sony Corp. declined after a higher-than-
forecast rise in U.S. labor costs fueled concern accelerating
inflation will prompt the Federal Reserve to increase interest
rates.
Read more at Bloomberg Stocks News
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