In the Tokyo stock market on the morning of the 13th, the Nikkei Stock Average fell sharply for a fourth straight session, ending the morning down ¥1,738.53 at ¥67,292.39. AI and semiconductor-related stocks fell following declines in U.S. semiconductor stocks, while higher oil prices also heightened concerns about the economy and dampened investor sentiment.
In the Tokyo stock market on the morning of the 13th, the Nikkei Stock Average fell sharply for a fourth straight session, ending the morning down ¥1,738.53 at ¥67,292.39. The decline exceeded ¥1,900 at one point. NQN is providing breaking coverage of the day's market movements.
The decline in semiconductor stocks in the U.S. market was cited as one factor behind the drop, with AI and semiconductor-related stocks falling across the board in the Tokyo market. Investor caution was also affected by higher oil prices resulting from tensions in the Middle East.
Market participants are closely watching developments in AI-related stocks, oil prices and the global economy as factors that could influence the market going forward. This article is based primarily on coverage by Nikkei QUICK News.