India, June 25 -- The Japanese stock market is extending losses from the previous session, following the weak cues overnight from Wall Street after comments from Federal Reserve Chairman Jerome Powell did not appear to signal the imminent interest rate cut currently being priced in by the markets.
The benchmark Nikkei 225 Index is declining 74.05 points or 0.35 percent to 21,119.76, after touching a low of 21,054.35 earlier. Japanese shares retreated on Tuesday.
The major exporters are mostly higher on a weaker yen. Panasonic is advancing 1 percent, Sony is adding 0.3 percent and Mitsubishi Electric is up 0.2 percent, while Canon is losing 2 percent.
Among tech stocks, Tokyo Electron is rising 2 percent and Advantest is gaining more than...