Japan’s Nikkei index falls 0.3% to 39,778.85 at morning close

Japan’s Nikkei index falls 0.3% to 39,778.85 at morning close

Japan's Nikkei 225 index closed at 39,778.85 on July 2, 2025, marking a 0.3% decline from the previous day's close [1]. The broader Topix index also edged down by 0.11% during the trading session. The downturn was attributed to Japan's export decline for a second consecutive month and U.S. President Donald Trump's denial of plans to remove Federal Reserve Chairman Jerome Powell [1].

Asian markets largely declined on Thursday, with South Korea's Kospi falling by 0.26% and Australia's S&P/ASX 200 gaining 0.35% [1]. Meanwhile, U.S. markets ended slightly higher on Wednesday despite initial market turbulence sparked by reports suggesting Trump might dismiss Powell [1].

In a separate development, the Nikkei 225 index closed down by 0.48%, and the Tokyo Stock Exchange index fell by 0.27% on November 14, 2023 [2]. Among the stocks with high transaction volume, Lasertec semiconductors dropped over 5%, Disco fell over 4%, and SoftBank Group, Tokyo Electron, and 7& I Holdings fell over 3% [2].

References:
[1] https://www.livemint.com/market/stock-market-news/global-markets-today-nikkei-kospi-declines-amid-japan-s-trade-data-and-trump-s-plans-for-powell-11752713045239.html
[2] https://www.moomoo.com/news/post/53639854/record-tr4cking-news-tsmc-profit-surges-to-record-despite-tariff-cloud