Global Market: Japan stocks fall for second day as profit-taking, rate fears weigh
Japanese shares fell about 1% on Thursday, extending losses for a second straight session, as investors paused after a recent rally amid uncertainty over the US interest-rate outlook and heightened geopolitical tensions. The Nikkei 225 declined 0.9% to 69,366.14, while the broader Topix dropped 1.54% to 4,090.19. According to Reuters, Japanese equities have come under profit-taking pressure after advancing rapidly in recent sessions, with investors also becoming more cautious ahead of further signals on US monetary policy.
Japanese shares trade lower for a second straight session as investors book profits after a recent rally, while uncertainty over US rates, rising oil prices and geopolitical tensions weigh on sentiment.
Summarised by Agaah from ET Markets. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.