On the 19th, the Nikkei 225 fell more than ¥2,100 at one point following the previous day's decline in U.S. markets, dropping to the 65,000 level. As selling spread across major stocks, rising long-term interest rates also weighed on share prices.
On the 19th, the Nikkei 225 fell more than ¥2,100 at one point, dropping to the 65,000 level. The decline followed a drop in all 3 major indexes in U.S. markets the previous day.
Following the decline in U.S. markets, selling led trading in Tokyo, particularly in AI and semiconductor stocks. The move was also influenced by a more than 4% drop in the SOX Index, which comprises semiconductor-related stocks.
Rising long-term interest rates were also cited as a factor behind the decline in share prices, and investors were reported to have adopted a more risk-averse stance.
Across the broader market, the Nikkei's sharp decline was accompanied by falls in a range of stocks, including AI and semiconductor-related names, affecting trading conditions in the Tokyo market.