The Nikkei 225 ended at ¥64,425 on the 15th, down ¥3,318 from the previous day, after at one point falling more than ¥3,600 during the session. Selling in AI-related and semiconductor stocks overlapped with broader selling driven by factors including the consumer price index coming in above expectations.
The Nikkei 225 ended trading at ¥64,425 on the 15th, down ¥3,318 from the previous day. The index fell from shortly after the opening, led by AI-related stocks, and at one point the decline exceeded ¥3,600.
The closing level fell below ¥65,000 for the first time in a month, marking the third-largest decline in the index's trading history.
The move followed growing concerns over AI-related companies in the previous day's US market, while the consumer price index coming in above market expectations also weighed on sentiment. Market participants reportedly moved to take profits ahead of companies' earnings announcements in an effort to avoid substantial losses.