Japanese Stocks Decline 2.5%

Dow Jones08-18

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

Stocks in Japan fell Tuesday, as the Nikkei Stock Average fell 2.5% to 67460.73.

Taiyo Yuden Co. Ltd. posted the largest decline, dropping 12% to Y9,991, followed by shares of Murata Manufacturing Co. Ltd., which dropped 9.6% to Y7,496. Shares of Kioxia Holdings Corp. dropped 7.6% to Y57,150.

Nippon Yusen K.K. was the biggest gainer during the session, gaining 4.5% to Y6,784, and Mitsui O.S.K. Lines Ltd. gained 3.8% to Y6,881. Nippon Steel Corp. rounded out the top three movers, as shares gained 3.5% to Y694.

On the currency front, the yen weakened 0.2% against the dollar to Y159.73.

In the bond markets, the two-year Japanese government bond yield fell 1.01 basis point to 1.688% and the 10-year JGB yield rose 1.35 basis points to 2.939%. In the U.S., the 10-year Treasury yield rose 1.50 basis points to 4.741%.

Data source: Dow Jones Market Data, FactSet

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