Global Market: Japan’s Nikkei rises as tech stocks gain, Fed signals cap rally

Japan’s Nikkei rose 0.8% and Topix gained 0.9%, led by technology and chip stocks. Gains were supported by Wall Street’s semiconductor rally, while inflation concerns, higher oil prices and rising bond yields limited broader advances. Investors also awaited Fed Chair Kevin Warsh’s Jackson Hole speech for clues on US interest rates.