The Nikkei Stock Average plunged by more than ¥3,200 in Tokyo trading on the 15th, as selling spread mainly among semiconductor stocks amid concerns about rising US prices, AI investment and declines in major US indexes. The morning closing level was ¥64,489.06.
The Nikkei fell by more than ¥3,200 in Tokyo trading on the 15th, weighed down by the previous day's decline in US stocks and caution over AI-related investments. Concerns about higher interest rates spread among investors against the backdrop of rising prices in the United States, affecting the Japanese market.
Concern about higher interest rates spread after the US consumer price index came in above market expectations, intensifying risk-averse trading.
Against this backdrop, selling orders spread in the Tokyo market, particularly among semiconductor-related stocks, accelerating the overall decline.
The morning closing level was ¥64,489.06, and prices fell sharply throughout the day.
The report on which this article is based said that declines in major US stock indexes also affected the Japanese market, while uncertainty over the profitability of AI investment was a concern.