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Japanese Stocks Climb; Dollar Up vs. Yen

Wednesday, May 23, 2007 3:50:36 AM

A bicycle delivery worker rides past a stock indicator in Tokyo Tuesday, May 22, 2007. Japanese stocks rose Tuesday for a two straight session, led by technology and banking shares, following upbeat earnings forecasts. The benchmark Nikkei 225 stock index added 123.18 points, or 0.70 percent, to finish at 17,680.05 points on the Tokyo Stock Exchange. (AP Photo/Koji Sasahara)TOKYO (AP) - Japanese stocks rose slightly Wednesday for a third straight session, led by bank shares.

The benchmark Nikkei 225 stock index rose 25.07 points, or 0.14 percent to finish at 17,705.12 on the Tokyo Stock Exchange. On Tuesday, the index added 0.7 percent.

Traders said the market is vulnerable to overseas factors, particularly a drop on Wall Street or signs of a slowdown in the U.S. economy, Japan's biggest export market.


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