Economic TimesLean R·
Global markets: Japan's Nikkei slides as Gulf tensions prompt shift out of high-flying tech stocks
Japan's Nikkei share average fell 1.89% on Wednesday, with technology and AI-related stocks leading the decline. Renewed Middle East tensions and rising domestic interest rates prompted investors to shift focus to relative valuations. Wholesale inflation quickened to its fastest pace in three years, adding to market concerns.
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