The Nikkei Average fell for a second straight session in the Tokyo stock market on the morning of the 23rd, closing the morning session at ¥61,825.26, down ¥1,082.58 from the previous day. Technology stocks were sold on concerns over recouping AI-related investment, with declines spreading mainly among semiconductor-related stocks.
The Nikkei Stock Average fell for a second straight session in the Tokyo stock market on the morning of the 23rd. The midday close was ¥61,825.26, down ¥1,082.58 from the previous day.
Following concerns in the previous day's US stock market over the prospects of recouping AI-related investment, selling spread to technology stocks in Japan, with the decline at one point exceeding ¥1,400.
During trading, the Nikkei Average fell below ¥62,000 for the first time in about 3 months.
Market participants attributed the broad-based decline in part to selling that spread mainly among semiconductor-related stocks.