The Nikkei 225 Index slipped 0.1% to below 42,360 while the broader Topix Index declined 0.06% to 3,070 on Wednesday, extending losses from the prior session as investors braced for Nvidia’s earnings report, expected to provide fresh clues on the sustainability of the artificial intelligence trade.
Markets also contended with political uncertainty after US President Donald Trump’s unprecedented removal of Federal Reserve Governor Lisa Cook, a move that deepened concerns over the central bank’s independence.
Domestically, investors focused on upcoming economic releases later this week, including reports on industrial production, retail sales and consumer confidence.
Among notable decliners, Intertrade Co sank 5.4%, Sanrio dropped 1.8%, Nintendo slid 1.6%, while Mitsubishi UFJ and Kawasaki Heavy both fell 0.7%.
AloJapan.com