Tech, autos boost Japan’s Nikkei as trade war worries ease

Japan’s Nikkei share average rose to a three-week high on Thursday, tracking a tech-led rally on Wall Street overnight, as the White House signalled a willingness to de-escalate its trade war with China.

A Financial Times report that U.S. President Donald Trump may exempt car companies from some tariffs lent additional support to auto shares.

The market initially enjoyed the broad support of a retreat in the yen’s value against the dollar, although a rebound on Thursday contributed to Japan’s stock indexes paring gains into the close.

The Nikkei…