In Tokyo trading on the 25th, the Nikkei Average fell below ¥65,000. Caution ahead of Nvidia’s earnings intensified, prompting selling in semiconductor stocks. Bonds, meanwhile, traded in a range, while the yen moved in the low ¥159s against the dollar.
The Nikkei Average briefly fell below ¥65,000, with selling pressure spreading across Japanese stocks following declines in semiconductor stocks in the US market.
Advantest and Tokyo Electron were among the stocks that led the decline in semiconductor-related shares, as investors focused on adjustments ahead of US earnings.
The bond market saw no major moves, with prices continuing to trade in a range. In foreign exchange, the yen moved in the low ¥159s against the dollar.
Market caution spread against the backdrop of external factors including US fiscal and diplomatic developments, with investors expected to remain focused on upcoming events.