JAPAN NIKKEI FALLS OVER 1 % AS WALL STREET TECH SELLOFF RATTLES MARKETS

What happened: Japan's Nikkei 225 fell in early trading, tracking a US tech selloff after the Nasdaq Composite and S&P 500 declined on Thursday. Key numbers: Nikkei 225 down 1.71% to 61,832.66; Topix down 1.26% to 3,947.11; Nasdaq Composite down 2.6%; S&P 500 down 1.21%; Nvidia about 4% lower; Meta Platforms down 7%; Tesla down 3.1%; 120 Nikkei stocks declined Why it matters: The decline reflected broader concerns about the sustainability of the technology rally as investors reassessed AI-related investments and shifted toward defensive sectors such as consumer staples and healthcare.

Japan's Nikkei 225 fell in early trading, tracking a US tech selloff after the Nasdaq Composite and S&P 500 declined on Thursday.

The decline reflected broader concerns about the sustainability of the technology rally as investors reassessed AI-related investments and shifted toward defensive sectors such as consumer staples and healthcare.