Tokyo stocks mixed on Nvidia's robust earnings, profit-taking
TOKYO (Kyodo) -- Tokyo stocks were slightly mixed Thursday morning, as gains in artificial intelligence- and semiconductor-related shares after U.S. c
Tokyo stocks were mixed on Thursday morning as Nvidia's strong earnings and forecasts for the May-July quarter were offset by profit-taking. The Nikkei Stock Average fell by 0.15% to 66,164.19 points, while the Topix index rose by 0.09% to 4,114.70 points. The US dollar traded mostly in the lower 159 yen range, with the Bank of Japan's Deputy Governor Ryozo Himino's remarks having limited impact.
Despite Nvidia's earnings report, investors opted to lock in gains due to the absence of fresh trading cues. The Topix index remained positive, driven by gains in finance-related sectors, with speculation that the Bank of Japan may raise interest rates next month.
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