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genai/news//The Economic Times
Japan's Nikkei share average closed at a near three-week low.
Japan's Nikkei share average fell for the fifth straight session, reaching a near three-week low.
KEY POINTS
SoftBank Group led the Nikkei's decline as investors took profits from AI-related stocks.
Investors are selling shares that previously drove record highs in the Nikkei index.
Market participants are awaiting Nvidia's earnings, which could influence the next session's performance.
Synopsis
Japan's Nikkei share average closed at a near three-week low, with SoftBank Group leading the decline, as investors locked in profits on AI-related stocks. The index slipped 1.23%, ending lower for a fifth consecutive session, with market participants selling shares that had driven recent record highs. Declines remained limited ahead of Nvidia's earnings, which could influence the next session.
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