The Nikkei Average was trading ¥11 lower than the previous day. Following declines in US technology stocks, the index temporarily fell by more than ¥800 during the day, but defensive stocks helped support the market.
The Nikkei Average was trading ¥11 lower than the previous day. Selling prevailed in the domestic market following declines in technology stocks in the US market, and the Nikkei Average temporarily fell by more than ¥800 during the day.
However, the strength of defensive stocks supported the market as it declined, narrowing the loss toward the end of the session.
The focus today was on developments in the US market and the response of the domestic market, with attention turning to the outlook.