Nikkei Extends Losing Streak to Five Sessions
2026-10-14 06:54
By
Jam Kaimo Samonte
1 min. read
Japan’s Nikkei 225 slipped 0.05% to close at 67,744 on Wednesday, surrendering earlier gains and extending its decline to a fifth consecutive session.
Sentiment weakened after Dutch chip-equipment maker ASML said it would be unable to fully meet demand over the next two years, fueling concerns over the sustainability of the AI investment boom.
Investors also remained cautious as rising oil prices and persistent supply disruptions in the Middle East heightened inflationary risks.
Earlier in the session, equities drew some support from dovish remarks by New York Fed President John Williams, who said one additional rate hike may be appropriate this year but saw no need for further tightening in 2027.
Technology and banking stocks led the declines, with Kioxia Holdings falling 3.2%, Lasertec dropping 1.6%, Tokyo Electron losing 2.7%, Mitsubishi UFJ declining 1.9%, and Mizuho Financial sliding 2.9%.