The Nikkei 225 plunged after the opening in Tokyo, falling below ¥60,000 as selling spread across AI-related and semiconductor stocks. The decline in the U.S. market has spilled over into Japan.
On the 6th, the Nikkei 225 opened at ¥63,374.35, down ¥703.55 from the previous day. It subsequently extended its decline, falling below the ¥60,000 level for the first time in approximately six months.
In the U.S. market the previous day, selling intensified, centered on AI- and semiconductor-related stocks, sending the three major indexes sharply lower. The Nasdaq Composite was down approximately 5.5%, while the SOX was down approximately 12.3%. In response, selling also spread across the Japanese market, centered on semiconductor stocks.
The Nikkei 225 was temporarily down ¥2,232.19, falling to ¥58,845.71.