The Japanese stock market was lower in early trading, after rising sharply on Wednesday, led by AI-related stocks. Electronic stocks led the decline. Tokyo Electronics declined 4.7%, and Murata Manufacturing declined 4.2%. The US dollar was reported at 157.68 yen, and the Tokyo stock market closed at 157.70 yen on Wednesday. Investors are keeping a close eye on corporate profits, and NTT Inc. is due to announce quarterly results late Thursday. Developments in the Middle East situation have also attracted much attention. The Nikkei Index fell 1.3% to 65464.44 points.

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