Thursday, 5 June 2025

Japanese stocks close lower, pressured by automakers

Japanese stocks closed lower today, led by automakers, as weak US economic data fueled caution about the outlook for the world’s largest economy.

The Nikkei index fell 0.51% to 37,554.49, while the broader Topix index lost 1.03% to 2,756.47.

US data showed the smallest increase in private sector jobs since March 2023, and the services sector contracted for the first time in nearly a year, according to Reuters.

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