Major companies are due to report earnings next week, and stock-specific buying is expected to pick up in response to their results. The Nikkei 225 ended this week at ¥62,693.16, down ¥2,631.13 from the previous weekend.
The Nikkei 225 ended this week at ¥62,693.16, down ¥2,631.13 from the previous weekend, for a 4.0% decline. The index extended its losses at the start of the week as uncertainty surrounding external conditions weighed on the market.
In the U.S. market, reports of CoreWeave's sharp drop reignited concerns about excessive artificial intelligence (AI) investment, which reportedly affected market sentiment. Market attention was also focused on oil prices.
Major companies are set to report earnings one after another next week, and stock-specific buying is expected to pick up in response to their results. Investors are expected to focus on company-specific earnings and guidance.