In the Tokyo stock market on the morning of the 15th, the Nikkei 225 fell more than ¥2,600 at one point, with the sharp decline in semiconductor-related stocks identified as the primary cause of the market’s drop. Selling spread across issues in response to US market trends, and prices were sharply lower as of 10 a.m.
In the Tokyo market on the morning of the 15th, the Nikkei 225 fell more than ¥2,600 at one point to ¥65,157.72. Selling intensified in semiconductor-related issues, weighing on the broader market.
In the previous day’s US market, September CPI exceeded market expectations and long-term yields rose. In response, selling accelerated in the Japanese market, particularly in AI-related issues such as semiconductor manufacturing equipment.
The sharp rise in bond yields for financing AI data centers in the US market also prompted selling in related stocks, and concerns over the interest-rate environment were cited as a burden on the equity market.
The morning decline spread in tandem with moves in semiconductor-related issues, leaving the Nikkei 225 substantially below the previous day’s level. US market trends and the outlook for semiconductor demand are expected to remain the market’s focus.