Nikkei Slips Below 70,000 as Tech and Banks Lead Profit-Taking; Short-Sell Ratio Hits 41.6%

The Nikkei 225 fell 1.42% to 69,042.11 on Thursday, a second straight decline, as SoftBank Group, MUFG and chip-equipment names bore the brunt of profit-taking. TSE short selling rose to 41.6% of turnover — the defensive end of the recent range — ahead of Friday’s options SQ.