The Nikkei average edged lower in Japan trading on the 22nd, as mixed earnings from US AI-related companies made it difficult for buying to gain traction. Concerns over the sustainability of AI investment and rising bonds weighed on the market.
The Nikkei average edged lower in Japan trading on the 22nd, with buying momentum constrained by persistent concerns over the sustainability of AI investment.
Mixed earnings from US AI-related companies added to uncertainty among investors, and the market remained weighed down by limited upside. Gains in the bond market also pressured equities.