Japanese stocks opened lower on Monday, with the Nikkei 225 index experiencing a 0.2% decline. The downward pressure was attributed to broader concerns stemming from the conflict in Iran and the subsequent increase in energy costs.
Chip-related stocks and trading houses were among the sectors that weighed on the market. Investors are closely monitoring the geopolitical landscape for potential impacts on global trade and economic stability. Higher energy prices can affect corporate costs and consumer spending, adding to market uncertainty.
(SOURCE1)