The Nikkei 225 Index rose 1.3% to close at 66,364 on Friday, extending its winning streak to five sessions. Equities drew support as oil prices retreated on reports that the U.S. and Iran were exploring a phased agreement that could reopen the Strait of Hormuz and lift a U.S. blockade on Iranian ports. Global bond yields stabilized after a sharp two-day rally, while Japan’s 10-year government bond yield eased from its highest level since 1996. Technology stocks led the advance, while major financial shares also outperformed. Presidents Donald Trump and Xi Jinping concluded bilateral talks in Washington, with Trump describing the meeting as "great."