financetom
Market
financetom
/
Market
/
Japan's Nikkei meanders on US trade deal uncertainty; steelmakers jump
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei meanders on US trade deal uncertainty; steelmakers jump
Jul 2, 2025 7:57 PM

TOKYO, July 3 (Reuters) - Japan's Nikkei share gauge

swung between gains and losses on Thursday as uncertainty over a

trade deal with the United States and the threat of heavy

tariffs prompted investor caution.

The Nikkei 225 Index edged 0.1% lower as of the

morning break while the broader Topix was down 0.3%.

Prolonged trade negotiations with the U.S. have yet to

produce a deal, with President Donald Trump recently threatening

even higher tariffs on Japan.

Prime Minister Shigeru Ishiba said on Wednesday he was

determined to protect Japan's national interests, while chief

trade negotiator Ryosei Akazawa was reported to be organising

his eighth visit to the U.S. as early as this weekend.

"If the negotiations do not produce results, it will be a

major blow to the Japanese economy," said Nomura strategist

Fumika Shimizu.

There were 112 advancers on the Nikkei index against 110

decliners. The biggest percentage losers on the gauge were

Muji-brand retailer Ryohin Keikaku ( RYKKF ), down 6%, followed

by NH Foods ( NHFOF ), which slid 4.9%.

JFE Holdings ( JFEEF ) surged 4.9%, leading an advance among

iron and steel makers, which were the biggest gainers among the

Tokyo Stock Exchange's 33 industry sub-indexes.

(Reporting by Rocky Swift in Tokyo; Editing by Mrigank

Dhaniwala)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
NASDAQ falls over 1% amid pressure on tech sector
NASDAQ falls over 1% amid pressure on tech sector
Mar 10, 2026
US stock indices fell on Thursday as markets digested the Federal Reserves statement, alongside pressure on the technology sector following disappointing earnings from Oracle. In a move widely anticipated as a hawkish cut, the Federal Reserve on Wednesday lowered the federal funds rate by a quarter percentage point, bringing it into a range between 3.5% and 3.75%. However, the move...
EMERGING MARKETS-LatAm currencies rally on Fed cut; Brazil's real leads gains
EMERGING MARKETS-LatAm currencies rally on Fed cut; Brazil's real leads gains
Mar 10, 2026
* Currencies rise 0.8%, stocks climb 0.6% * Politics in Brazil and Chile in the spotlight * Argentina's dollar bonds edge higher By Niket Nishant Dec 11 (Reuters) - Latin American currencies climbed on Thursday and were on track for their strongest session in nearly two months as the dollar weakened following an interest rate cut by the Federal Reserve....
Nasdaq slips to one-week low as Oracle AI shock overshadows Fed relief
Nasdaq slips to one-week low as Oracle AI shock overshadows Fed relief
Mar 10, 2026
By Johann M Cherian and Pranav Kashyap Dec 11 (Reuters) - Wall Street's tech-heavy Nasdaq slid to a one-week low on Thursday, as renewed jitters over Oracle's aggressive AI spending spree drowned out optimism sparked by a softer, less hawkish Federal Reserve. Oracle plunged 14.4% after its quarterly forecasts fell short of analysts' estimates and it warned annual spending would...
Dow, S&P 500 Notch New Highs; Oracle Selloff Weighs on Tech Sector
Dow, S&P 500 Notch New Highs; Oracle Selloff Weighs on Tech Sector
Mar 10, 2026
04:58 PM EST, 12/11/2025 (MT Newswires) -- The Dow Jones Industrial Average and the S&P 500 hit fresh peaks on Thursday, while a post-earnings selloff in Oracle (ORCL) shares put other tech names under pressure, including Nvidia ( NVDA ) . The Dow climbed 1.3% to 48,704, while the S&P 500 edged up 0.2% to 6,901, both notching record closing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved