Nikkei Down 0.4%, Financials, Electronics Fall
Japanese stocks fell as uncertainty over U.S. tariffs and their implications for businesses continued. Financials and electronics led the declines. Nomura Holdings dropped 2.5% and Mizuho Financial Group dropped 1.1% while Advantest dropped 2.2% and Fanuc dropped 1.8%. USD/JPY was at 145.32, compared with 145.23 at the close of the Tokyo stock market on Friday. Investors were closely watching any developments related to U.S. tariffs and the implications of a Moody's downgrade of the U.S. debt rating. The Nikkei Stock Average was down 0.4% at 37,602.29.
Source: Bloomberg