The Nikkei 225 fell sharply at the Tokyo market open on the 6th, dropping to levels more than ¥3,400 lower. Following the decline in US stocks, the Nikkei 225 fell below ¥58,000.
At the Tokyo market open on the 6th, the Nikkei 225 fell sharply into the ¥57,500 range. It fell below the psychological ¥60,000 threshold and at one point dropped below ¥58,000 for the first time in 7 months since 14 April. Selling spread amid concerns about US data-center regulations and the performance of AI-related stocks.
In the US stock market on the 5th, the tech-heavy Nasdaq Composite fell more than 5%, while the Dow Jones Industrial Average fell by more than $1,800. The SOX Index also fell 12%, extending the sharp downtrend in US stocks. Selling spilled over into related stocks in the Tokyo market.
TOPIX also fell sharply, with the decline briefly exceeding 5%. The performance of related stocks weighed on the broader market, pushing the Nikkei 225 lower.
Among individual stocks, some major Japanese companies declined, while Daikin and Sony Group rose. Recruit, Fanuc and Nitto Denko were also among the stocks seen declining.