{
  "id": 10386239,
  "title": "Japan's Nikkei gives up gains on caution for Micron earnings",
  "url": "https://urgent.news/2026/09/28/japans-nikkei-gives-up-gains-on-caution-for-micron-earnings",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T06:28:07.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441569/japans-nikkei-gives-up-gains-on-caution-for-micron-earnings"
  },
  "original_language": "en",
  "account": "Japan's Nikkei share average experienced a brief dip on Monday, trading slightly lower as it gave up early gains. The index fell 0.05% to 66,333.53, after reaching a high of 67,034.74 earlier in the day, its peak since mid-August. The Nikkei was on track to end a five-session winning streak if this trend continued. The broader Topix index managed to rise 0.16% to 4,135.38. Investors sold stocks due to declining Nasdaq futures in Asian hours, ahead of Micron Technology's quarterly results due on Wednesday, said Takamasa Ikeda, a senior portfolio manager at GCI Asset Management. The US semiconductor index had been trading within a narrow range since June 20, and it was expected to stay within the range for the next three to four months, he added. The Nikkei was also expected to mirror the movement. On Friday, the SOX index climbed 1.4%, boosted by a surge in AI stocks. Among the Japanese companies, technology investor SoftBank Group gained 2.28%, while chip-testing equipment maker Advantest increased by 0.26%. Tokyo Electron, a chip-making equipment manufacturer, declined by 0.19%, and memory maker Kioxia Holdings slipped 2.33%. Ibdien, a central processing unit component producer, saw a drop of 4.8%. Bank shares, including Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group, contributed to the Topix's increase, with the former rising 0.24% and the latter by 1.27%. The main support for Japanese stocks was expected to come from technology stocks and bank shares, but when the Bank of Japan's policy rate neared its upper limit, bank shares might lose some of their strength, Ikeda noted. Of the 225 components within the Nikkei index, 113 stocks gained value, 109 fell, and 3 remained unchanged.",
  "summary": "TOKYO: Japan’s Nikkei share average surrendered early gains to trade slightly lower on Monday, weighed down by declines in Nasdaq futures ahead of earnings for US memory chipmaker Micron Technology later in the week. The Nikkei ended the morning session 0.05% lower at 66,333.53, after rising as much as 1% to hit 67,034.74 earlier in the session, its highest level since mid-August. The index is…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "JPMorgan reiterates Micron stock rating ahead of earnings",
        "url": "https://urgent.news/2026/09/28/jpmorgan-reiterates-micron-stock-rating-ahead-of-earnings",
        "published": "2026-09-28T07:35:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}