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Global Markets: Japan's Nikkei retreats from record high as AI rally sparks caution

As reported by Markets-Economic Times
Japan's Nikkei index pulled back from its record high on Wednesday. Investor caution emerged regarding the rapid rise in AI stocks. Tokyo Electron and Advantest saw gains, but SoftBank Group experienced a significant drop. Banks and financials also contributed to the broader Topix index's decline. Many stocks traded on the Tokyo Stock Exchange saw mixed results.
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