Tokyo's main index closes lower on the day
- Session high 22,682.71
- Session low 22,522.28
This comes after the S&P 500 also ended in a decline yesterday as tech shares in both indexes slumped. Tech stocks weighed down the Nikkei today, closing 1.29% lower as a whole.
USD/JPY is still holding up nicely at 112.61 for now, as US 10-year yields is recovering a little ground back up to 2.39%.
Meanwhile, looking at other equity markets in Asia we are seeing a similar trend as the Hang Seng index is down 0.56% so far, while the Shanghai Composite is down 0.19%.
Earlier, Australia's ASX 200 closed 0.23% lower at 5,971.80.
