The Nikkei Average opened on the 10th, down approximately ¥374 from the previous day, starting its third straight day of declines. Selling prevailed at the open, while semiconductor stocks remained firm.
The Nikkei Average opened on the 10th at ¥64,768.53, down ¥374.25 from the previous day. In the previous day's U.S. market, rising crude oil futures prices and interest rates weighed on sentiment, with the Dow and Nasdaq both extending their losing streaks to 3 days. Selling also prevailed in the Tokyo market, while some semiconductor stocks remained firm.
The yen-denominated settlement value of the Chicago Nikkei futures contract was ¥64,175, down ¥1,085 from the Osaka Exchange settlement value on the 9th.
In the Tokyo foreign exchange market, as of 9:02 a.m., the dollar was trading in the mid-¥153 range and the euro in the mid-¥178 range.
Provided by Wealth Advisor.
Key market information: The Nikkei Average opened in the ¥64,768 range, the Dow and Nasdaq fell, the yen weakened against the dollar and euro, and the futures settlement value declined sharply.