The Nikkei index rose by 2.9%, with technology stocks leading the gains.

With concerns easing about the Middle East conflict and rising energy prices, the Japanese stock market rose in early trading. The Nikkei index rose by 2.9% to 54,250.32 points. President Trump of the United States stated that the war with Iran would soon end. Technology stocks led the gains, with Rakuten rising by 9.7% and Murata Manufacturing Co. rising by 4.3%. Investors are closely monitoring oil prices and any measures the Japanese government may take in response to the rising energy costs.