Japan’s Nikkei Falls as Tech Stocks Weigh
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Japan’s Nikkei 225 Index fell 0.1% to close at 53,323, ending a three-day advance due to losses in technology stocks amid concerns over AI investments. The index also tracked US futures lower with speculation about a hawkish Fed chair nominee. Tech losses were led by Advantest (-5%), Lasertec (-2.9%), and Keyence (-4%), while Kioxia Holdings surged 11% ahead of its earnings release. Despite the losses, the Nikkei ended the month nearly 6% higher.
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