Thursday, 7 August 2025

Nikkei ends lower on profit-taking, U.S. data in focus

Japan’s Nikkei average closed lower on Friday as traders booked profits following a four-session rally after U.S. economic data raised bets on a Federal Reserve rate cut next week.

The Nikkei fell 0.95 percent to 39,470.44 but gained 1.94 percent on the week, with Thursday’s gains pushing the benchmark to a two-month high.

The broader Topix index fell 0.95 percent to 2,746.56 but was up 1.68 percent on the week.

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