The Nikkei Average extended its losing streak to 4 sessions at the close, ending at 61,077.90, down 1,110.73, or 1.79%, from the previous day. Continued selling of AI and semiconductor-related stocks remained a drag.
The Nikkei Average fell for the 4th consecutive session at the close, ending at 61,077.90, down 1,110.73, or 1.79%, from the previous day.
On the same day, the US dollar/yen rate was 158.12 as of 16:48, down 0.28% from the previous day. It was reported that moves in the New York stock market and currency fluctuations may have been factors.
The Dow Jones Industrial Average closed at 53,356.12, up 1,569.40 from the previous day, while the Shanghai Composite closed at 3,686.17, up 78.07. Overall, moves in the major markets were mixed.