Japanese stock market slightly lower due to negative cues from Wall Street, with mixed performances.
From Nasdaq: 2025-05-06 21:31:00
The Japanese stock market is trading slightly lower on Wednesday, breaking a seven-session winning streak due to negative cues from Wall Street. The Nikkei 225 is below the 36,800 level, with exporters and automaker stocks down but gains in technology and financial stocks. Market heavyweight SoftBank Group is up almost 1 percent, while Fast Retailing is down almost 1 percent. In the tech sector, Advantest and Screen Holdings are slightly up, and Tokyo Electron is up more than 2 percent. Major losers include Otsuka, Eisai, Daiichi Sankyo, and Shionogi & Co. all down over 4 percent. Conversely, Ryohin Keikaku and West Japan Railway are soaring more than 7 percent each. On Wall Street, stocks continued to weaken on Tuesday, with the Dow falling 1.0 percent, the Nasdaq down 0.9 percent, and the S&P 500 down 0.8 percent. European markets also declined, while crude oil prices saw an increase after hitting four-year lows.
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