Global Markets: Japan's Nikkei retreats from record high as AI rally sparks caution

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Japan's Nikkei index pulled back from its record high on Wednesday. Investor caution emerged regarding the rapid rise in AI stocks. Tokyo Electron and Advantest saw gains, but SoftBank Group experienced a significant drop. Banks and financials also contributed to the broader Topix index's decline. Many stocks traded on the Tokyo Stock Exchange saw mixed results.