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Japan's Nikkei slides to one-week low as profit-taking hits tech stocks
Japan's Nikkei index tumbled to a one-week low after a streak of all-time high gains, as investors decided to cash in on profits. The pullback was broad-based, primarily driven by declining AI and semiconductor stocks that had previously led the surge. Analysts warn the market was overheating, hinting at an inevitable correction, although some defensive stocks managed to perform well during this downturn.
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adnkronos.com
Nikkei Average Plunges after 8-Day Rise, Ends below 70,000
Tokyo, June 23 (Jiji Press)--Japan's benchmark Nikkei 225 stock average plunged 2,565.58 points, or 3.54 pct, to finish at 69,788.38 on Tuesday, snapping its eight-day rising…
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economictimes.indiatimes.com
Japan's Nikkei slides to one-week low as profit-taking hits tech stocks
Japan's Nikkei index tumbled to a one-week low after a streak of all-time high gains, as investors decided to cash in on profits. The pullback was broad-based, primarily driven by…
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Japan's Nikkei falls on Fed rate-hike bets, tech valuation concerns
The Nikkei index in Japan fell for a consecutive second day amid worries about potential interest rate increases by the US Federal Reserve and uncertainties in AI sector…
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Nikkei marks record closing high as AI shares rally on Micron forecast
Tokyo's Nikkei index soared to a record high, surging over 4% on Thursday. This significant jump was fueled by a powerful rally in AI-related stocks, particularly chipmakers,…
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Nikkei Average Dips below 70,000 in Morning
Tokyo, June 26 (Jiji Press)--Japan's benchmark Nikkei 225 stock average plunged to slip below 70,000 Friday morning as artificial intelligence-linked and other high technology…
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Tokyo Stocks Plunge on Profit-Taking
Tokyo, June 26 (Jiji Press)--Tokyo stocks plummeted Friday as profit-taking dragged down artificial intelligence-linked issues that had jumped the previous day, sending the…
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Japan's Nikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay report
Japan's Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which plunged over 12% following reports of a…