Against the backdrop of political developments in Japan and the US, the Nikkei Average fell more than ¥3,000 at one point in the Tokyo market on the 4th. It closed at ¥62,188, down ¥893 from the previous day, a level not seen in approximately 3 months. Concern over moves by the Democrats to tighten AI regulations prompted selling in semiconductor stocks.
In the Tokyo stock market on the 4th, the Nikkei Stock Average fell more than ¥3,000 at one point and ended trading at ¥62,188.63, down ¥893.23, a low not seen for approximately 3 months.
The Nikkei Average declined steadily from the start of trading until early afternoon, at one point falling below the psychological ¥60,000 threshold.
The possibility that the US Democratic Party could push ahead with tighter AI-related regulations heightened market caution, leading to early selling in semiconductor-related stocks.
The market is focused on how developments will unfold in response to the Democrats' recapture of a majority and the direction of AI regulation.