tokyo jan 27 reuters  japans nikkei index reversed course to hit a 14month low on thursday dragged down by technology heavyweights as investors were concerned about the outlook on wall street after the us federal reserve signalled an early rate hike the nikkei share average n225 lost 24 to 2636617 by 0208 gmt after hitting its lowest level since nov 26 2020 earlier in the session the broader topix topx down 191 to 185578 us market was not solid yesterday that made investors cautious and they bet wall street might fall later today said seiichi suzuki chief equity market analyst at tokai tokyo research institute the japanese market rose earlier only because investors tried to buy at cheap overnight all three major us stock indexes gyrated wildly in the final minutes of a session that ended with the dow joining the sp in negative territory and the nasdaq eking out a nominal gain in japan electric motor maker nidec 6594t fell 463 giving up early gains after its thirdquarter operating profit dipped as rising material prices and a shortage of semiconductors squeezed margins read more bucking the trend fanuc 6954t rose 248 and was the top gainer on the nikkei after the robot maker raised its annual operating profit forecast read more trading firm marubeni gained 312 after announcing the sale of the grains business of its us unit gavilon to commodities trader glencore plcs glenl viterra arm read more insurance sector iinsut gained 077 amid rising us bond yields but the banks snapped gains to edge down 027