In the Tokyo stock market on the 15th, the Nikkei Stock Average extended its decline, with the morning close at ¥64,489.06, down ¥3,255.23 from the previous day. It was the first time in about one month that the index had fallen below ¥65,000 at the close. The backdrop was a sharp decline in the corporate bond prices of CoreWeave, a US emerging cloud company, and growing concerns about a slowdown in AI infrastructure investment.
In the Tokyo stock market on the 15th, the Nikkei Stock Average extended its decline, starting the morning session down ¥863 before falling further toward the close. It ended trading at ¥64,489.06, down ¥3,255.23 from the previous day. The article reported that this was the first time in about one month that the closing level had fallen below ¥65,000.
The trigger for the market was CoreWeave, a US emerging cloud services company. Reports of a sharp decline in its corporate bond prices were followed by a broad sell-off in AI-related stocks that had supported the performance of individual issues. CoreWeave's developments were viewed as having affected overall market sentiment.
The article also touched on the risk of a slowdown in AI-related investment, reporting that the possibility of slower capital inflows into AI infrastructure investment had emerged as a market concern. Whether the weakness seen in the morning would continue into the afternoon was cited as a point of focus.