Economic TimesLean R·
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 valuations. The Nikkei 225 benchmark pulled back from its recent peak, reflecting declines in US stocks, notably in the semiconductor field. While chip and insurance sectors struggled, retail stocks managed to rise.
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