Japanese stocks were lower after a selloff in artificial intelligence-related U.S. technology shares on Friday. The Nikkei declined 0.9%, dragged down by bank and technology stocks. Investors reacted to weakness in U.S. AI-related tech shares, which weighed on sentiment across Japanese markets.
Banking and tech sectors led the declines as traders reassessed risk appetite following the U.S. selloff.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing