The Nikkei Average briefly reached the ¥50,000 range and fell by more than approximately ¥1,600 following the sharp decline in the US market the previous day. As the index returned to the ¥50,000 range for the first time in 5 months, concerns over data-center regulations spread against the backdrop of the US midterm election results, and selling of AI-related stocks became pronounced.
The Nikkei Average briefly fell by more than approximately ¥1,600 following the sharp decline in the US stock market the previous day. During trading, it also reached the ¥50,000 range, a level last seen approximately 5 months ago.
In the US market, concerns spread that data-center construction could be subject to regulation following the Democratic Party's victory in the midterm elections, and selling surged in related stocks.
Following this trend, the Japanese market also continued to decline, with the Nikkei Average briefly falling below ¥60,000 during trading for the first time since May. Market participants viewed the move as a sharp decline by historical standards and indicated that they would monitor developments going forward.