Tokyo stocks fell sharply as the yen strengthened. The Nikkei Stock Average closed about ¥1,130 lower than the previous day, with a broad range of stocks, including AI-related issues, sold.
The Nikkei Stock Average closed down ¥1,130.51 from the previous day at ¥65,269.33, marking a sharp decline. Yen appreciation weighed on the market, and a broad range of stocks were sold.
It was reported that investors broadly held back from buying, particularly technology stocks, including some artificial intelligence-related issues.
Selling generally took the lead in other stocks as well, and reports indicated that the market as a whole remained on a downward trend.