The Nikkei 225 index fell 0.77% to close at 39,091 while the broader Topix index dropped 0.55% to 2,727 on Friday, paring gains from earlier in the week and tracking losses on Wall Street overnight as a major rally in U.S. stocks lost momentum.
Investors are also gearing up for the crucial U.S. monthly jobs report. In Japan, data showed that inflation-adjusted real wages were unchanged in October from a year earlier, up from a 0.4% decline in September and 0.8% in August.
That supported expectations for a potential interest rate hike by the Bank of Japan this month, although uncertainty remains over whether the hike will come in December or January.
Technology stocks led the decline, with significant losses in Disco (-4.4%), Lasertec (-2.4%), Tokyo Electron (-2.6%), Advantest (-3.3%) and Hitachi (-1.4%). Despite Friday's declines, the Nikkei and Topix indexes ended the week up 2.31% and 1.73%, respectively.
Source: Trading Economics
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