Nikkei pulls back from record high as AI rally cools
The Nikkei ended nearly flat on Wednesday after hitting a record intraday high. Investors grew cautious over AI stocks as SoftBank Group shares fell sharply.
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Japan's Nikkei 225 ended flat at 64,999.41 on Wednesday after hitting a record intraday peak of 66,428.81. The index retreated from a 2.2% gain as investors sold AI-related stocks following a recent rally. This volatility signals growing caution among global investors regarding the sustainability of current semiconductor and technology valuations.
