The Nikkei 225 fell for the third straight day on the Tokyo Stock Exchange on the 2nd, closing at ¥64,325.64, down ¥1,889.70 from the previous day. Risk aversion spread amid higher oil prices resulting from worsening tensions in the Middle East and rising interest rates globally.
The Tokyo Stock Price Index fell on the 2nd for the first time in 10 trading days. The Nikkei 225 fell for the third straight day, closing at ¥64,325.64, down ¥1,889.70 from the previous day and approaching its lowest level since 4 August.
Rising oil prices and higher interest rates globally heightened investors’ risk aversion, prompting selling across a broad range of stocks. The Nikkei 225’s decline at one point approached ¥2,000.
Related reports concerning the US Central Command also heightened market participants’ caution, but the article focuses primarily on overall market trends.