The Nikkei Average recorded a decline of more than ¥2,000 in breaking news, with reports that it was down more than ¥2,600 at one point. Semiconductor-related stocks fell rapidly across the market.
The Nikkei Average posted a sharp decline of more than ¥2,000. Breaking reports indicated that the decline had widened as trading progressed.
Selling accelerated in the Tokyo stock market at one point, with the index falling more than ¥2,600, according to reports.
The sharp drop in semiconductor-related stocks was cited as a factor driving the decline. Reports said this caused the overall loss to widen substantially.