Japan's Nikkei falls for eighth straight day amid a broader gain in Asia-Pacific markets
Publishing timestamp: 2024-07-26 03:30:39
Summary
Tokyo's headline inflation slowed slightly to 2.2% in July, with core inflation rate remaining unchanged. Asian markets rebounded after sell-off, with Japan's Nikkei 225 and Topix seeing losses. Renesas Electronics and Japanese automakers like Nissan faced declines. Honda announced factory closures in China. Taiwan Weighted Index dropped, while Hong Kong's Hang Seng index and mainland China's CSI 300 closed higher. South Korea's Kospi and Australia's S&P/ASX 200 also saw gains. U.S. traders continued to rotate out of tech stocks.
Sentiment: MIXED
Tickers: .HSI, .IXIC, .KS11, .TWII, .AXJO, .SPX, .N225, 6723.T-JP, 2317-TW, .DJI, 7201.T-JP, 2330-TW,
Keywords: asia economy, s&p 500 index, kospi index, business news, markets, nikkei 225 index, hon hai precision industry co ltd, dow jones industrial average, renesas electronics corp, hang seng index, breaking news: markets, nissan motor co ltd, taiwan weighted index, world markets, taiwan semiconductor manufacturing co ltd, nasdaq composite,