Tokyo stocks plunged by the morning close, with selling concentrated in leading AI and semiconductor stocks. The Nikkei 225 fell to the upper end of the 60,000 range.
The market plunged toward the morning close. The Nikkei 225 fell sharply, and market conditions deteriorated during trading hours.
The main factor reportedly was concentrated selling in leading AI and semiconductor stocks. Funds were visibly moving between sectors.
The index’s movements are shown in the table along with the Nikkei 225 level, which stood at 60,835.36, down 2,246.50 points, or 3.56%, in morning trading.