The Nikkei Stock Average opened lower for the second straight session at 60,885.47 yen, down 426.46 yen from the previous day. The renewed concerns over the situation in the Middle East are believed to have affected the market against a backdrop of higher oil prices and U.S. interest rates.
The Nikkei Stock Average opened 426.46 yen lower than the previous day at 60,885.47 yen, starting the market lower for the second straight session.
Against a backdrop of higher oil prices and U.S. interest rates, reports indicate that investors have become more risk-averse. Future developments are drawing attention amid uncertainty over the situation in the Middle East.