Japan's Nikkei rises as iPhone-related stocks jump

The Nikkei gained 1.18% to close at 33,982.36, after gaining as much as 2.22% earlier in the session.
The broader Topix rose 0.88% to end at 2,488.51.
"The market is still swayed by various headlines," said
"And none of them are good enough to encourage investors to take their positions confidently."
U.S. President Donald Trump's administration granted exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from
However, both Trump and U.S. Commerce Secretary
Trump had announced hefty reciprocal tariffs on dozens of countries on
A 10% blanket duty on almost all U.S. imports remains in effect.
The Nikkei has declined 5% since what Trump called "Liberation Day", after posting huge swings last week. The sudden moves underscored investor anxieties as they tried to gauge the fallout from the U.S. trade policy.
Still, shares of iPhone suppliers rose on Monday, with
Chip-testing equipment maker
Of more than 1,600 stocks trading on the
(Reporting by
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