All 3 major U.S. indexes edged lower, while the Nikkei 225 fell for a second consecutive session on the 29th, closing at ¥65,481.27. The dollar-yen pair traded in the low ¥157 range, with the next move in focus.
In the U.S. stock market on the 29th, all 3 major indexes edged lower. The Dow Jones Industrial Average closed at $51,349.92, down $131.59 from the previous day; the NASDAQ Composite closed at 26,797.54, down 22.84 points; and the S&P 500 closed at 7,670.84, down 12.85 points. The Dow had fallen by more than $347 the previous day, leaving markets subdued for a second consecutive session.
In the Tokyo market, the Nikkei 225 ended trading on the 29th at ¥65,481.27, down ¥396.35 from the previous day, marking a second consecutive decline. It temporarily fell to ¥65,062 during the morning session, but narrowed its losses in the afternoon and finished in the ¥65,400 range. It opened at ¥65,557.99, weighed down by the impact of ex-dividend adjustments and the previous day's decline in U.S. stocks.
The decline in U.S. stocks was attributed to fading hopes for a ceasefire between the United States and Iran, with funds flowing out of risk assets. In the Tokyo market on the 29th, the market fell sharply in the morning before narrowing its losses in the afternoon, while the dollar-yen pair traded around the mid-¥157 range. U.S. stock movements and the impact of ex-dividend adjustments are expected to remain in focus in the Tokyo market on the 30th, while the dollar-yen pair holding above ¥157 could provide support.
The final figures for the major U.S. indexes on the 29th were reported as $51,349.92 for the Dow, 26,797.54 for the NASDAQ and 7,670.84 for the S&P 500. The Nikkei 225 closed at ¥65,481.27 on the 29th, down ¥396.35 from the previous day. In trading on the 30th, the modest decline in U.S. stocks is expected to be one factor, while caution over geopolitical risks is likely to persist.