The Nikkei 225 fell sharply on 6 November, closing below ¥58,000. Selling spread to the Tokyo market after AI- and semiconductor-related stocks fell sharply in the previous day's US market, and the index was temporarily down more than ¥4,300.
The Nikkei 225 fell sharply on 6 November, closing below ¥58,000. Reports said the decline was the third-largest on record.
Sharp falls in AI- and semiconductor-related stocks in the previous day's US market were cited as a factor, and selling orders spread in Tokyo, temporarily driving the index down more than ¥4,300.
Buying to cover short positions was also seen toward the end of the session, but large daily swings continued.