Extending the strong losses in the previous session, the Japanese stock market is significantly lower on Tuesday, with the Nikkei 225 retracting from recent all-time highs to fall below the 38,400 level, following the mixed cues from global markets overnight, with losses in index heavyweights, exporters and financial stocks.
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Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, as robust producer price inflation data raised concerns that the US Fed may not consider lowering interest rate anytime soon.
Adding to the gains in the previous session, the Japanese stock market is significantly higher on Friday, following the broadly positive cues from global markets overnight.