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Japan's Nikkei falls to track Wall Street amid growth worries

ReutersApr 9, 2025 12:56 AM

TOKYO, April 9 (Reuters) - Japan's Nikkei share average fell in a broad sell-off on Wednesday, tracking Wall Street's overnight declines amid worries about slowing growth as hopes for U.S. tariff concessions faded.

As of 0016 GMT, the Nikkei index .N225 had fallen 3.1% to 32,010.93. The broader Topix .TOPX lost 3% to 2,360.32.

The S&P 500 sold off sharply on Tuesday to close below 5,000 points for the first time in almost a year, reversing a strong morning rally as investor hopes faded for any U.S. delays or concessions on tariffs ahead of a midnight deadline. .N

In Japan, technology stocks led the decline, with chip-testing equipment maker Advantest 6857.T down 9% and chip-making equipment maker Tokyo Electron 8035.T down 4.85%.

Technology investor SoftBank Group 9984.T fell 5.96%.

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