On 6 November, the Nikkei average fell across the board from shortly after the market opened and closed well below ¥60,000. It recovered to the ¥60,000 range on 10 November, but concerns about a slowdown in AI investment remain simmering.
On 6 November, the Nikkei Stock Average fell across the board from shortly after the market opened, reaching a closing level well below ¥60,000, its lowest level since May this year. Market sentiment appeared to have deteriorated rapidly.
However, the market had recovered to the ¥60,000 range by 10 November, with a localized rebound. At the same time, concerns about a slowdown in AI investment following the Democratic Party’s landslide victory in the U.S. midterm elections are said to remain simmering.
The article discusses the impact of political factors such as tighter regulation and the key points of focus among AI-related companies recently through an interview with Daiwa Securities chief strategist Tsuboi Yugo (坪井 裕豪). The medium- to long-term outlook for the U.S. and Japanese stock markets was also discussed.
Information is also presented on topics related to the public recording of the video and the outlook ahead, including developments in AI investment and an era of selective investment among data center companies.