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Japan's Nikkei falls, tracking Wall Street declines

ReutersMar 7, 2025 12:25 AM

- Japan's Nikkei share average fell on Friday, tracking Wall Street's overnight declines, with technology stocks dragging the index the most.

As of 0015 GMT, the Nikkei .N225 was down 2% at 36,961.23, while the broader Topix .TOPX slipped 1.7% to 2,705.27.

Wall Street stocks finished lower on Thursday, with the Nasdaq confirming it has been in a correction since December, weighed down by market jitters over the current uncertainty surrounding U.S. trade policy. .N

In Japan, chip-making equipment maker Tokyo Electron 8035.T fell 2.78% and chip-testing equipment maker Advantest 6857.T lost 1.2%.

Technology investor SoftBank Group 9984.T fell 3.14%.

Automakers also fell, with Toyota Motor 7203.T losing 2.09%.

Of the 225 components of the Nikkei, 191 stocks fell and 32 rose with two trading flat.

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