Global Market: Nikkei slips as rising oil prices, bond yields weigh on Japanese stocks

· economictimes.indiatimes.com

Japans Nikkei fell on Friday and was headed for its steepest weekly decline in more than a month as rising oil prices, higher bond yields and uncertainty over the Middle East conflict weighed on investor sentiment. The Nikkei was set for a 4% weekly loss, while the Topix was headed for a 3.4% decline, with energy prices adding to inflation concerns.

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