Japan's Nikkei ends at 3-week low on tech selloff over AI-business outlook
The Economic Times·2025-12-18 08:06
The Nikkei fell 1.03% to 49,001.5, its lowest close since November 25. The broader Topix slipped 0.37% to 3,356.89.Wall Street's main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging worries about the artificial intelligence trade weighed on technology stocks."The market's concerns about the profitability of AI-related businesses and data centres in the U.S. have been coming to the surface," said Kazuaki Shimada, chief strategist at IwaiCos ...