Nikkei falls on tech worries
The Japanese Nikkei index fell by more than 3.7%, reaching 64,108.44 points, amid concerns over technology stock valuations and escalating tensions in the Middle East. The broader Topix index also declined by 2.19% to 3,863.09 points, as technology shares deteriorated following strong reports on May employment figures, which increased the likelihood of tighter monetary policy in the United States.
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