The Nikkei average is down 209 yen (as of 2:40 p.m.). In terms of Nikkei average contribution, First Reit <9983>, Recruit HD <6098>, and Daiichi Sankyo <4568> are among the top negative contributors, while TDK <6762>, Nittoden <6988>, and Fanuc <6954> are among the top positive contributors. In terms of sectors, the pulp and paper, real estate, securities futures, marine transportation, and precision instrument sectors are among the top decliners, while the oil and coal products, mining, warehouse and transportation related, and rubber products sectors are up.

The Nikkei average is steady. In the United States, the May Consumer Price Index (CPI) and the May budget balance will be released tonight. In addition, the results of the Federal Open Market Committee (FOMC) and a press conference by Federal Reserve Chairman Powell are scheduled to be announced early tomorrow morning Japan time. Broadcom will report its financial results for the April-June quarter.