Nikkei Index drops 0.8%, dragged down by tech and financial stocks

Gelonghui, May 8th｜After the benchmark index surged to a record high, uncertainty over the Iran conflict led the Japanese stock market to decline. The Nikkei Index fell by 0.8% to 62,330.70 points. Technology and financial stocks led the losses. SoftBank Group dropped 4.8%, and Daiwa Securities declined 3.6%. After the United States and Iran exchanged fire in the Persian Gulf, investors are closely monitoring developments in the Middle East. Japanese corporate earnings are also under close watch.