Why did the Nikkei 225 fall after topping 58,000?

Hitting a big round number triggered profit-taking by short-term traders after a strong run. Charts also showed overbought signals, inviting a pause. With SoftBank earnings ahead and SQ on Friday, many preferred to trim risk into resistance rather than chase further gains.

What does the TOPIX record high signal for Japan stocks?

It points to broader market strength beyond a few large names. A TOPIX record high suggests banks, machinery, and services also attracted buyers. That breadth can help cushion pullbacks in the Nikkei 225 and supports a constructive view if earnings and global demand stay firm.

How could SoftBank earnings affect the Nikkei 225?

SoftBank has significant index weight, so surprises on investment gains, Arm-related news, or buybacks can move the open. A strong print may lift sentiment and help retest highs. A weak result could spark hedging and add volatility, especially with SQ-related flows close by.

What should traders watch into Friday’s SQ?

Expect wider intraday swings as options and futures positions roll. Track how the market trades around 58,000 and whether dips find support in the high-57,000s. Watch sector rotation and liquidity during the close. Keep positions sized modestly and avoid chasing moves around the fix.

Global Market Insights

Nikkei 225 Today, February 13: Pullback After First-Ever 58,000

ByDanny Kontos February 13, 2026February 13, 2026

The Nikkei 225 briefly crossed 58,000 for the first time, then eased as traders booked gains and short-term charts flashed overbought. The index finished slightly lower near 57,639 yen, while TOPIX set another record high, showing broader strength. A semiconductor rally from the U.S. supported chip names early, but profit-taking capped upside. Near-term attention turns to SoftBank earnings after the close and SQ-related flows on Friday. We outline what moved the Nikkei 225 today, what to watch next, and how investors in Japan can position with care.