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Japan’s Nikkei Follows Wall Street’s Decline On Growth Worries

Alice by Alice
2025-04-09
in Stocks
Japan’s Nikkei Follows Wall Street’s Decline On Growth Worries
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TOKYO (Reuters) – Japan’s Nikkei average fell broadly on Wednesday, tracking losses on Wall Street overnight on concerns that economic growth will slow as hopes of U.S. tariff concessions fade.

The Nikkei fell 3.1% to 32,010.93 as of 00:16 GMT. The broader Topix fell 3% to 2,360.32.

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The S&P 500 fell sharply on Tuesday, closing below 5,000 for the first time in nearly a year, reversing strong early gains as investors’ hopes faded that the United States would delay or make tariff concessions before a midnight deadline.

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In Japan, technology stocks led the decline, with chip testing equipment maker Advantest falling 9% and chipmaking equipment maker Tokyo Electron falling 4.85%.

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