Japanese Shares Track Wall Street Lower
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Japanese shares fell, with the Nikkei 225 Index down 1.3% to around 50,220 and the Topix Index losing 0.5% to 3,297, following a tech-led selloff on Wall Street. Major US AI stocks, including Nvidia and Microsoft, declined, impacting Japan's SoftBank Group, which dropped 7.6%. Other notable losses included Advantest and Fujikura. Japan's household spending rose less than expected in September, contributing to the market's downturn. For the week, the Nikkei and Topix are set to lose approximately 4% and 1%, respectively.
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