The Nikkei Stock Average temporarily fell more than ¥2,300 on 15 October, as selling pressure worldwide, triggered by the U.S. September CPI coming in above market expectations, spread to the Tokyo market.
The Nikkei Stock Average temporarily fell more than ¥2,300 on 15 October.
In the previous day's U.S. market, September CPI came in above market expectations, sending major indexes lower across the board, led by technology stocks.
The Philadelphia Semiconductor Index, or SOX, also fell more than 4%, with semiconductor-related stocks coming under notable selling pressure.
Against this backdrop, selling spread in the Tokyo market, led by AI and semiconductor stocks.