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Announced Wed, 8 Jul · 09:24 IST

Japan's Nikkei falls in volatile trade as tech tracks Nasdaq selloff

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AI summary

Japan's Nikkei fell 0.72% to around 67,764 in volatile trade, tracking a sharp overnight selloff in US tech stocks led by Nasdaq decline. Technology and semiconductor shares came under pressure after Samsung Electronics earnings failed to meet elevated investor expectations, raising doubts about the durability of the AI-driven rally. Tokyo Electron dropped 2.4% and AI-server capacitor maker Taiyo Yuden fell 6%, though some names like Kioxia and SoftBank edged higher.