Topix Down, Nikkei Up Slightly
Japanese stocks traded mixed following a Wall Street rally driven by the chip/tech sector. An unexpected decline in the US PPI fueled hopes of a Fed rate cut. Investors in Tokyo remained cautious ahead of the US CPI release. At 9:27 a.m. Tokyo time, the Topix fell 0.3% to 3,132.94, while the Nikkei rose 0.2%…
