The Nikkei Average is down ¥176 and trading at this level as of 2:50 p.m. Alongside moves in stocks and sectors with a significant impact on the index, major events are scheduled from tomorrow onward, including U.S. inflation data and monetary policy meetings in Japan and the United States.
The Nikkei Average is down ¥176, with its level as of 2:50 p.m. reported. Advantest, Fast Retailing and Tokyo Electron are among the top negative contributors, while SoftBank Group, Fujikura and Ibiden are among the top positive contributors. By sector, declines in securities and commodities futures, services, retail, pharmaceuticals and insurance were cited as factors behind the market's weakness, while nonferrous metals, oil and coal products, mining, electric power and gas, and machinery were cited as factors supporting gains.
From tomorrow onward, a series of important domestic and overseas events is scheduled. In the United States, the producer price index (PPI) will be released on 10 September and the consumer price index (CPI) on 11 September. Next week, the Federal Open Market Committee (FOMC) and the Bank of Japan monetary policy meeting are scheduled to take place, with attention focused on whether they will affect the market.