Nikkei Falls Amid U.S. Rate Hike Expectations
The Japanese Nikkei index declined for the second consecutive day amid growing investor concerns over the likelihood of the U.S. Federal Reserve raising interest rates and the valuations of the artificial intelligence sector. The index fell by 0.56 percent to 69,396.61 points, influenced by a decline in chip and insurance company stocks, while some retail sector shares increased. This followed a decline in the U.S. stock markets, particularly in the semiconductor sector, due to funding fears and financial tightening.
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