The Tokyo stock market fell sharply again by the morning close, with broad-based declines amid concerns about rising interest rates globally. The Nikkei Average stood at 64,436.30, down 1,779.04, or 2.69%, from the previous day.
Market news reports that the Tokyo stock market fell sharply again by the morning close, with broad-based declines across the market. Concerns about rising interest rates globally are said to be weighing on investor sentiment.
The Nikkei Average finished the morning session at 64,436.30, down 1,779.04, or 2.69%, from the previous day. The view has emerged that selling has spread across Japanese equities against the backdrop of US market conditions and interest-rate trends.
In other markets, the Dow Jones Industrial Average was reported at a closing level of 3,979.88, down 6.41, with some reports also indicating that the risk-off trend is continuing. The news is presented as an account of a broad-based downward trend.