Nikkei Falls 0.5%, Dragged by Electronics, Bank Stocks
Japanese stocks are lower as uncertainty over U.S. tariffs and their economic implications continue. Electronics and bank stocks are leading falls. TDK is down 1.7% and Murata Manufacturing is 1.6% lower while Mizuho Financial Group is down 1.3% and Resona Holdings is 1.5% lower.
USD/JPY is at 141.40, down sharply from 142.33 as of Friday's Tokyo stock market close. Investors are closely watching any developments related to U.S. tariffs ahead of the domestic earnings season set to start later this week. The Nikkei Stock Average is down 0.5% at 34570.37.
Source: Bloomberg