The Nikkei 225 temporarily rose approximately ¥2,000 in a correction after its sharp decline on the 6th, closing at ¥59,411. Following the decline on the 6th and the market’s fall over the week, uncertainty remains over future market conditions depending on developments in AI regulation.
The Nikkei 225 rose by more than ¥2,000 at one point in a correction after its sharp decline on the 6th.
The Nikkei 225 is following the trend of gains in AI and semiconductor stocks in the US market on the 6th.
The morning-session close on the 9th was ¥59,411, up ¥1,976 from the 6th.
The Tokyo market fell by more than ¥3,600 on the 6th, its third-largest decline on record, and declined by nearly ¥6,000 over one week.
Market participants believe stocks are being bought back because they had reached “oversold levels.”
However, following the US midterm elections, the outlook for future AI regulation remains unclear, and some believe the market has entered a “stock-price adjustment period” lasting several months.