The Nikkei 225 in the Tokyo market briefly fell more than ¥1,800, affected by declines in major US stock indexes and Amazon.com earnings. Selling also spread to AI- and semiconductor-related stocks.
In today's Tokyo market, the Nikkei 225 briefly fell more than ¥1,800, with the weakness in US equities cited as a contributing factor. Although the pace of the decline slowed after trading began, selling pressure continued throughout the session.
Major stock indexes generally fell in the New York market on 29 October, while Amazon.com earnings released during the morning Japan time also appear to have heightened investor caution. The market's reaction to earnings from a major IT company may have weighed on the Nikkei 225.
Against this backdrop, selling orders spread across AI-related and semiconductor-related stocks, and a shift in funds toward that sector was observed. Future movements may depend on the direction of US corporate earnings and the supply-demand balance in each sector.