The Nikkei 225 Index rose 0.6% to above 64,500 on Friday, ending a four-day losing streak as traders reduced expectations for a Federal Reserve rate hike this month. Federal Reserve Governor Christopher Waller said he would support leaving rates unchanged if price pressures continue to ease. Markets are also monitoring the possibility of a Bank of Japan rate increase at its September meeting to address inflationary pressures. The yen gained as much as 3% over two sessions, prompting continued attention to currency volatility. Technology stocks led the advance, with Kioxia Holdings up 1.8%, SoftBank Group up 5.8% and Fujikura up 1.2%. Financial and consumer shares fell, including Mitsubishi UFJ, down 1.1%, and Toyota Motor, down 0.6%. Despite Friday’s recovery, the Nikkei was on track to lose more than 2% for the week as higher oil prices and a recent rise in global bond yields weighed on equities.