Japan's Nikkei softens on profit-taking as investors weigh earnings
Tue, Feb 6, 2024 12:55 PM

Japan's Nikkei softens on profit-taking as investors weigh earnings

A Flip by Avya Verma
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On Tuesday, Japan's Nikkei share average fell 0.53% as investors took profits and assessed domestic earnings reports. The broader Topix also dropped 0.68%. The market was influenced by US stocks which closed lower due to mixed earnings reports and speculation of interest rate cuts. With a focus on individual stocks, investors reacted to earnings announcements, resulting in profit-taking.

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