The market expects funds to flow toward stocks with specific investment themes while investors remain alert to movements in long-term interest rates. Afternoon indicators showed the Nikkei Average lower, while US equities remained little changed.
The outlook for the Japanese equity market reflects an intention to maintain the selection of stocks with specific investment themes while remaining alert to movements in long-term interest rates. Market participants expect funds to be allocated to thematic stocks, including economically sensitive issues, while monitoring long-term interest rates.
The Nikkei Average was shown at 68,309.46 in afternoon trading, recording a decline of 647.26 points, or 0.94%. In the US market, the Dow Jones Industrial Average closed at 3,842.19, up 11.74 points from the previous day, while movements in foreign exchange and the Shanghai market are also affecting the market's direction.
Investors remain focused on following the flow into thematic stocks while remaining alert to movements in long-term interest rates, and may continue to assess both rising volatility and potential opportunities.