Japan’s Nikkei closed at the close, recording its worst daily performance in three weeks on Thursday, with chip-related stocks leading a broad selling wave amid rising long-term yields and US technology stocks falling overnight.<\/p>\n\n\n\n
The Nikkei fell 2.14 percent to close at 30,601.78 points, near the lowest level recorded during the day. This was the index’s worst daily performance since October 4, halting a rise that continued for two consecutive days.<\/p>\n\n\n\n
The broader Topix index fell 1.34 percent.<\/p>\n\n\n\n
The decline in Japanese stocks came after a sharp decline on Wall Street on Wednesday.<\/p>\n\n\n\n
The yield on ten-year Japanese government bonds reached the highest level in ten years.<\/p>\n\n\n\n
Advantest shares, a manufacturer of chip testing equipment, fell 6.87 percent, and Tokyo Electron shares fell 5.03 percent.<\/p>\n\n\n\n
The electrical machinery companies index was the worst performing among the Tokyo Stock Exchange sub-indices, declining 2.55 percent.<\/p>\n\n\n\n
The real estate sector index, which is highly sensitive to interest rates, also fell by 2.22 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s Nikkei closed at the close, recording its worst daily performance in three weeks on Thursday, with chip-related stocks leading a broad selling wave amid rising long-term yields and US technology stocks falling overnight. The Nikkei fell 2.14 percent to close at 30,601.78 points, near the lowest level recorded during the day. This was the …<\/p>\n","protected":false},"author":9,"featured_media":90891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6837,6885,8501,8143],"class_list":["post-91534","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eurozone","tag-fed","tag-feds-beige-book","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=91534"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91534\/revisions"}],"predecessor-version":[{"id":91535,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91534\/revisions\/91535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/90891"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}