Japan’s Nikkei index recorded its biggest daily decline in about six weeks on Tuesday, as rising US Treasury yields led to heavy selling in shares of Advantest and other chip-related companies.<\/p>\n\n\n\n
The Nikkei fell 1.37 percent to close at 32,775.82 points on Tuesday, the largest daily decline since October 26. The index touched a three-week low at 32,726.68 points during the session.<\/p>\n\n\n\n
Shares of chip-related companies constituted a majority among the biggest losers on the Nikkei index, with Advantest shares falling 6 percent, Tokyo Electron shares falling 3.8 percent, Screen Holdings shares falling 5 percent, and Renesas Electronics shares falling 5 percent.<\/p>\n\n\n\n
The broader Topix index fell 0.82 percent to 2,343.16 points.<\/p>\n\n\n\n
On the gains side, Sakura Internet cloud computing services shares jumped 13 percent.<\/p>\n\n\n\n
Robotics manufacturer ACSL rose 6 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s Nikkei index recorded its biggest daily decline in about six weeks on Tuesday, as rising US Treasury yields led to heavy selling in shares of Advantest and other chip-related companies. The Nikkei fell 1.37 percent to close at 32,775.82 points on Tuesday, the largest daily decline since October 26. The index touched a three-week …<\/p>\n","protected":false},"author":9,"featured_media":52183,"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-93578","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\/93578","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=93578"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/93578\/revisions"}],"predecessor-version":[{"id":93579,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/93578\/revisions\/93579"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52183"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=93578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=93578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=93578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}