The Nikkei Average fell more than 2,300 points at one point on the 15th. U.S. September CPI exceeded market expectations, sending U.S. technology stocks lower and pushing the SOX Index down more than 4%. Following this trend, selling led the market in Tokyo, particularly in AI and semiconductor stocks.
The Nikkei Average fell more than 2,300 points at one point on the 15th. The reported reaction in major markets was that the U.S. September consumer price index (CPI) exceeded market expectations.
As a result, all 3 major U.S. indexes fell, led by technology stocks, while the SOX Index, which comprises semiconductor-related stocks, also declined by more than 4%.
Reports indicated that, in response to this trend, selling led broadly across the Tokyo market, particularly in AI and semiconductor-related stocks.