The Nikkei 225 opened lower on the 31st, with selling leading the market amid factors related to the Federal Reserve and rising US long-term yields. Declines in US semiconductor stocks also weighed on the market, with the index falling more than ¥1,200 at one point.
The Nikkei 225 opened lower on the 31st in Tokyo trading, at ¥65,668.51, down ¥737.05 from the previous Friday. Selling pressure stemming from US interest-rate trends and declines in US semiconductor stocks prompted the drop, with the decline widening shortly after the open.
US long-term yields rose against the backdrop of a speech by Federal Reserve Chair Warsh, which was said to have put downward pressure on domestic equity markets as well.
Among individual stocks, Advantest was reported to have opened with a sell indication, drawing attention in terms of trading activity.