The JPX-Nikkei Index 400 fell for a second straight session on the 23rd, closing at 36,038.19, down 267.34 points from the previous day. Selling prevailed in AI- and semiconductor-related stocks following declines in U.S. technology stocks.
The JPX-Nikkei Index 400 fell for a second straight session on the 23rd. It closed at 36,038.19, down 267.34 points, or 0.74%, from the previous day. Selling led the market lower following declines in U.S. technology stocks the previous day.
Selling prevailed mainly in artificial intelligence and semiconductor-related stocks, with moves in related issues driving the broader market lower.
Decliners included TDK Corporation, a major Japanese electronics components maker, Nitto Denko Corporation and Mitsubishi Corporation. Meanwhile, Fast Retailing Co., Ltd. and Chugai Pharmaceutical Co., Ltd. rose.
Following these developments, market participants are closely watching trends in U.S. markets and AI-related stocks.