The Nikkei Stock Average was down ¥1,528 as of 14:50, with Advantest, Tokyo Electron and Fast Retailing among the leading negative contributors, while SoftBank Group, Mitsubishi Corp. and Takeda Pharmaceutical were positive contributors.
The Nikkei Stock Average is trading ¥1,528 lower as of 14:50. The leading stocks by contribution include a mix of those making large negative contributions and those making positive contributions, while sectors such as electrical equipment, machinery and nonferrous metals are declining, and marine transportation, mining, steel and pharmaceuticals are showing both upward and downward movements.
Following developments in the US market, attention is focused on the release of US economic data tonight. The scheduled data are expected to include the import and export price indexes, housing starts, industrial production and capacity utilization, and the pending home sales index.
In corporate earnings, Home Depot is scheduled to announce its results for the May-July quarter. Short-term movements may continue against the backdrop of the Nikkei Stock Average's decline, and investors remain focused on identifying the next market catalysts.