Japanese Equities Slip on Tech Selloff; Fed, Crude Prices in Focus
MT Newswires Live
Yesterday
Japanese equities opened lower, tracking Wall Street's decline as investors trimmed tech holdings.
The Nikkei 225 fell 332 points or 0.5% to open at 65,195.26.
Chipmakers remain under scrutiny ahead of Nvidia's results on Wednesday for signals of further sector weakness.
Meanwhile, Brent crude prices held steady near $92 a barrel after the U.S. warned of sanctions on Iran-related trade.
Markets are also awaiting Federal Reserve Chair Kevin Warsh's Jackson Hole address for policy direction amid persistent inflation concerns.
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