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Japan's Nikkei 225 reversed an early decline on Wednesday as falling oil prices and lower US Treasury yields eased pressure on growth stocks, while investors positioned cautiously before Nvidia's closely watched earnings. The benchmark was up about 0.6% at 66,271 around 1 pm in Tokyo, after falling earlier in the session.

Japanese stocks were lower after U.S. technology shares fell overnight.

Japanese stocks were higher due to eased fears about the Fed's potential rate increases and gains in U.S. technology stocks overnight.