Japanese Stocks Close Lower Amid U.S.-China Trade Fears

Japanese Stocks Close Lower Amid U.S.-China Trade Fears

Japanese stocks ended lower on their first trading day of 2025, amid growing concerns about higher borrowing costs.

Auto and retail stocks led declines, with Toyota Motor dropping 4.3% and Fast Retailing losing 4.2%.

The 10-year Japanese government bond yield rose 3.5 basis points to 1.125%, its highest level since July 2011.