The Nikkei fell to ¥57,434.77, dropping below ¥60,000. The market fell across the board, led by AI-related stocks, amid concerns over AI regulation and the US midterm elections.
In Tokyo trading on the 6th, the Nikkei Stock Average fell to ¥57,434.77, down ¥3,643.13 from the previous day, sinking into the year's low range. The market shock was widespread, and the decline was recorded as the third-largest in history.
The background includes the Democratic Party's narrow victory in the US midterm elections and a cautious stance toward AI data center development. Concerns about a slowdown in capital investment demand spread, and AI- and semiconductor-related stocks were sold globally. In the US market, the Philadelphia Semiconductor Index fell sharply, with the impact spreading to the Japanese market.
In Tokyo trading on the 6th, semiconductor manufacturing equipment and electronic component stocks plunged, and selling spread to AI-related stocks. Very few stocks gained on the TSE Prime Market, resulting in a broad-based decline.
Regarding future share price trends, economic commentator Saito Mitsuru (斎藤満) said, "Buying back shares at the start of next week will probably be subdued." The outlook for AI investment remains uncertain, and volatility may continue depending on future developments.