The Nikkei Average fell sharply in the Tokyo market on the 22nd as selling in AI-related stocks weighed on the market amid growing buying restraint ahead of the earnings announcement season.
The Nikkei Average fell sharply on the 22nd amid a wait-and-see mood ahead of the earnings announcement season. A cautious trading stance spread across the market.
Selling led by AI-related stocks came first, with declines particularly pronounced among AI-related names.