The Nikkei average fell after opening. It was down ¥504.73 from the previous weekend, after which selling dominated. The downward trend in US stocks spread to the Japanese market.
The Nikkei average opened on the 19th at ¥64,819.56, down ¥504.73 from the previous weekend, and subsequently extended its decline to more than ¥1,000. The yen-denominated settlement price for Chicago Nikkei average futures was ¥63,925, down ¥1,595 from the previous weekend, intensifying selling pressure.
Major US stock indexes fell in the local market on the 12th amid concerns over CoreWeave's financial position and higher crude oil prices, with the selling spreading to the Tokyo market. The downward trend in US stocks also affected Japanese equities.
In the Tokyo foreign exchange market, as of 9:03 a.m., the dollar was trading in the upper ¥157 range and the euro in the lower ¥177 range. Market participants were watching intraday developments.