Japanese Market Significantly Lower | Nasdaq
From Nasdaq:
The Japanese stock market fell below the 35,700 mark on Tuesday after six straight days of gains, following negative cues from European markets. Financial and technology stocks led the losses across most sectors. The Nikkei 225 Index is down 0.65 percent at 35,667.74 after hitting a low of 35,587.53. Market heavyweight SoftBank Group and Uniqlo operator Fast Retailing are both down almost 1 percent.
In the tech space, Advantest and Tokyo Electron are losing almost 2 percent each, while in the banking sector, Sumitomo Mitsui Financial is losing almost 2 percent and Mitsubishi UFJ Financial is down almost 1 percent. The U.S. dollar is trading in the higher 145 yen-range on Tuesday. Meanwhile, the major European markets moved to the downside on the day, with the UK’s FTSE 100 down 0.39 percent, Germany’s DAX down 0.49 percent, and France’s CAC 40 down 0.72 percent.
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