Nasdaq rallies again while yen falls despite BOJ rate hike

The Bank of Japan lifted interest rates to 30-year highs, but comments from governor Kazuo Ueda still sent the yen lower (Philip FONG) Resurgent artificial intelligence shares lifted the Nasdaq Friday for a second straight session while the yen retreated despite a Bank of Japan interest rate hike. The tech-forward Nasdaq piled on 1.3 percent after a similar gain Thursday following blowout earnings from chip company Micron Technology. But several leading AI names including Nvidia, Advanced Micro Devices and Google parent Alphabet rose Friday with Micron, which soared for a second straight session. Large tech names are “kind of carrying…