Tokyo stocks edged lower in the morning session. Some AI and semiconductor-related stocks were sold, following the trend of a sharp decline in technology stocks in the U.S. market at the end of the previous week.
The Nikkei Stock Average edged lower in trading ahead of the morning close. Selling in some artificial intelligence (AI)- and semiconductor-related stocks was the main factor weighing on market sentiment.
The impact of the sharp decline in technology stocks in the U.S. market at the end of the previous week may have spread to the Japanese market, and investors remain cautious.