The Nikkei 225 fell at the start of trading on Monday, dropping into the ¥63,000 range for the first time in about a month. Concerns over recovering AI investment and uncertainty surrounding the Middle East were reported to have weighed on market sentiment.
The Nikkei 225 fell as trading began on Monday, declining to the ¥63,000 range for the first time in about a month.
Following the decline in US markets on the 16th, selling was particularly evident in AI- and semiconductor-related stocks in Tokyo.
Market participants reportedly pointed to continuing concerns over recovering the massive investments made by AI-related companies.
The fact that WTI futures prices in the New York oil market had again risen above $100 amid the prolonged situation in the Middle East was also cited as a source of concern.