U.S. September CPI exceeded market expectations, reviving expectations for a Federal Reserve rate hike. Against this backdrop, the Nikkei 225 fell more than ¥3,100 at one point in Tokyo trading on the 15th.
In Tokyo trading on the 15th, the Nikkei 225 reached a level approximately ¥3,100 below the previous day's close, falling into the ¥64,500 range. The intraday decline was the largest in about two weeks, while the opening level was around ¥66,880.
In the United States, the September Consumer Price Index (CPI) rose 3.7% year on year, exceeding market expectations and reviving expectations for a Federal Reserve rate hike. Although the employment report came in below market expectations, the outlook was reassessed following the CPI data.
The Nikkei 225 fell sharply early in the session, with Advantest, SoftBank Group, Tokyo Electron and other AI- and semiconductor-related stocks sold.
After recovering to the ¥70,000 range in early March, the Nikkei 225 has fallen for 5 consecutive trading days, with the latest decline at one point approaching ¥3,000.