As the Nikkei Stock Average remains volatile, the effects of the sharp fall in U.S. CoreWeave corporate bond prices continue to linger, drawing attention to the direction of the Tokyo market. The focus ahead is how the outlook for the profitability of AI-related businesses will change.
The Nikkei Stock Average has been volatile, and the effects of the sharp fall in U.S. CoreWeave corporate bond prices are said to be continuing in overseas markets. There are indications that the Nikkei could begin trading sharply lower when the Tokyo market opens after the weekend. The immediate focus will be whether uncertainty over the profitability of AI-related businesses can be dispelled.
The Nikkei Stock Average ended the previous week down ¥3,706 at ¥66,324, marking its first weekly decline in 5 weeks. It fell by more than ¥3,000 at one point during the day, prompting views that market turbulence could persist.