Tokyo stocks are expected to open lower on August 25, with the Nikkei Stock Average facing pressure from weakness in semiconductor-related shares and uncertainty over U.S. tariff policy. Chicago Nikkei 225 Futures settled at 65,365 yen, 75 yen below the Osaka Exchange clearing price, signaling a weaker start. In New York on August 22, the Dow rose $140 to extend its winning streak, while the Nasdaq Composite and SOX index fell. The Dow closed at $53,417 for a third consecutive advance, supported by economic data indicating resilient growth and a decline in long-term U.S. interest rates that eased valuation concerns. The Nasdaq lost more than 200 points and the semiconductor-focused SOX index dropped more than 317 points, reflecting a rotation toward cyclical stocks and growing profit-taking in technology shares. The Nikkei had closed the previous Friday down 488 yen at 65,528 yen, making that level the key focus. Japan's corporate value-enhancement initiatives and active share buybacks remain downside-supportive factors, but U.S. tariff uncertainty and concerns about China's slowdown limit the market's upside. Investors will assess revised Japanese coincident and leading indexes, the Bank of Japan's core-core CPI gauge, department store sales, overseas economic data, U.S. housing indicators and consumer confidence for direction.