Japan's Nikkei falls as Wall Street tech losses weigh
In early trading on Tuesday, Japan's Nikkei share average fell 0.5% to 37,936.68 following declines on Wall Street. Technology stocks led the drop, with companies like Tokyo Electron and Advantest pulling the index down. Broader Topix also dipped ...
By Reuters |
AP
Japan's Nikkei share average edged down in early trade on Tuesday, tracking overnight declines on Wall Street, dragged lower by technology stocks.
The Nikkei was down 0.5% at 37,936.68, as of 0009 GMT, while the broader Topix declined 0.2%.
The S&P 500 finished lower on Monday, with AI heavyweight Nvidia dipping ahead of its quarterly report this week. The tech-heavy Nasdaq also declined.
Japanese technology shares followed their U.S. peers lower, with chip-related majors Tokyo Electron and Advantest , which counts Nvidia among its customers, dragging on the overall Nikkei.
Movements in foreign exchange also weighed on sentiment after the yen hit a three-week high of 143.45 against the dollar on Monday.
The Nikkei was down 0.5% at 37,936.68, as of 0009 GMT, while the broader Topix declined 0.2%.
The S&P 500 finished lower on Monday, with AI heavyweight Nvidia dipping ahead of its quarterly report this week. The tech-heavy Nasdaq also declined.
Japanese technology shares followed their U.S. peers lower, with chip-related majors Tokyo Electron and Advantest , which counts Nvidia among its customers, dragging on the overall Nikkei.
Movements in foreign exchange also weighed on sentiment after the yen hit a three-week high of 143.45 against the dollar on Monday.
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