The Nikkei continued to decline, with a candlestick pattern known as a bearish closing marubozu appearing near the closing time. In U.S. markets, the Dow fell sharply, while the Shanghai Composite posted a modest rebound.
The Nikkei Stock Average continued to decline, standing at 69,042.11 as of 15:30, down 993.60 points, or 1.42%, from the previous day. Selling took the lead in the market, and a candlestick pattern viewed as a bearish closing marubozu was reported to have been observed.
In U.S. markets, the Dow Jones Industrial Average closed at 51,179.87, down 341.41 points, or 0.67%, from the previous day. In Hong Kong and Shanghai markets, the Shanghai Composite Index rose 11.74 points, or 0.31%, to 3,842.19.
The latest developments were reported as a continuation of the Nikkei's decline, and the appearance of a bearish closing marubozu was seen as having influenced technical market views.