Against the backdrop of crude oil futures rising above $100 per barrel for the first time in three and a half months, the Nikkei Average started about ¥1,000 lower in morning trading and fell below ¥64,000. Market reaction has been reported as a result.
It was reported that crude oil futures had risen above $100 for the first time in three and a half months, and this was cited as a factor behind the decline in the Nikkei Average. The Nikkei Average was down about ¥1,000 at the start of trading on the morning of the 11th, with the opening level below ¥64,000.
The article does not mention any specific stocks or additional market factors, focusing instead on the relationship between movements in crude oil and the Nikkei Average’s initial move.