AI stocks drive Nikkei downturn
The Japanese Nikkei Index fell by 3.6% today, Tuesday, reaching 69,788.38 points, the lowest level in a week. The decline came amid profit-taking following strong gains in AI and semiconductor company shares, which propelled the market past 72,000 points yesterday before pulling back. Shares of companies such as Kyoxia and SoftBank also declined, while others like Meiji Holdings and Nitcheri experienced slight gains. This downturn in the Japanese market follows a series of gains in the technology sector indices.
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