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The Economic Times
The Economic Times

Global Markets | Japan's Nikkei ends near three-week low as AI-stock selloff weighs

Nikkei Japan Nvidia SoftBank Group Fujikura

Japan's Nikkei share average closed at a near three-week low on Wednesday, with SoftBank Group leading the decline, as investors locked in profits on AI-related stocks that had powered the market's recent rally.

The Nikkei slipped 1.23% to 59,804.41, its lowest close ‌since May 1. ⁠The ⁠index ended lower for a fifth consecutive session. The broader Topix declined 1.53% to 3,791.65.

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