Nikkei Average Falls Again on Rising Japan-U.S. Rates; TOPIX Ends Higher

The Nikkei Average closed at ¥66,016.36, down 0.30% from the previous day, as selling spread in response to rising interest rates in Japan and the United States. The TOPIX finished higher.

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The story

The Nikkei Average ended trading at ¥66,016.36, down 0.30% from the previous day. The market was sold at times in response to the impact of rising interest rates in Japan and the United States.

The TOPIX, meanwhile, remained higher, and overall market movements were limited. Market reaction following earnings announcements from a major U.S. retailer was also said to have had an impact.

At a glance

Closing priceThe Nikkei Average closed at ¥66,016.36, down 0.30% from the previous day

FactorsSelling spread as investors reacted negatively to rising interest rates in Japan and the United States

IndicatorThe TOPIX finished higher

Company newsThe stock price fell under the influence of the U.S. market following earnings from a major U.S. retailer

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