Times of Pakistan

Japan’s Nikkei stock average extends fall on Fed rate-hike

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Mohammad Ali (@ChaudhryMAli88) Published June 24, 2026 | 09:00 AM

Japan’s Nikkei stock average extends fall on Fed rate-hike

TOKYO, (UrduPoint / Pakistan Point News / WAM - 24th Jun, 2026) Japan’s Nikkei share gauge fell for a second day on Wednesday, as concerns over potential interest rate hikes by the Federal Reserve and valuations in the AI sector weighed on sentiment.

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The benchmark Nikkei 225 slid 0.56 percent to 69,396.61, retreating further from a record high reached on Monday. The broader Topix slipped 0.31 percent to 3,977.91.

There were 113 advancers on the Nikkei 225 against 111 decliners and one unchanged.

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