Japanese Stocks Decline Friday

Dow Jones07-26

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Japan slipped Friday, as the Nikkei Stock Average fell 0.5% to 37667.41.

Renesas Electronics Corp. posted the largest decline, dropping 5.5% to Y2,442, followed by shares of Tokyo Electron Ltd., which fell 4.8% to Y27,625. Shares of Lasertec Corp. fell 4.1% to Y25,640.

Hino Motors Ltd. was the biggest gainer during the session, surging 13% to Y453, and Fujitsu Ltd. surged 11% to Y2,700. Canon Inc. rounded out the top three movers, as shares surged 7% to Y4,622.

On the currency front, the yen strengthened 0.2% against the dollar to Y153.66.

In the bond markets, the two-year Japanese government bond yield fell 0.80 basis point to 0.395% and the 10-year JGB yield fell 1.24 basis point to 1.062%. In the U.S., the 10-year Treasury yield rose 0.90 basis point to 4.256%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 26, 2024 02:30 ET (06:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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