Tokyo stocks retreated as profit-taking set in after a series of record highs, with the Nikkei 225 closing down 0.88% amid weaker earnings and US-Japan auto tariff concerns; July Tokyo core CPI rose 2.9%, missing forecasts and easing BOJ rate hike expectations.
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https://en.infomaxai.com/news/articleView.html?idxno=73922
[Tokyo Stock Market Closing]Profit-Taking Weighs on Tokyo Stocks After Record Highs—Market Closes at Session Low
Tokyo stocks retreated as profit-taking set in after a series of record highs, with the Nikkei 225 closing down 0.88% amid weaker earnings and US-Japan auto tariff concerns; July Tokyo core CPI rose 2.9%, missing forecasts and easing BOJ rate hike expectations.