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The Economic Times
The Economic Times

Global Markets: Japan's Nikkei retreats from record high on profit-booking, strength in oil prices

Japan's Nikkei share average fell on Tuesday, retreating from a record high in the previous session, as investors locked in profits and rising oil prices weighed on sentiment.

The Nikkei ended 0.25% lower at 64,996.09. The index jumped 2.87% to close at 65,158.19 ‌on Monday, ⁠driven ⁠by AI-optimism bets. It gained 8.95% over the past three sessions in its steepest three-day gain in more than six years.

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