The Nikkei Average opened down 1.19% from the previous day at ¥65,427.69, starting lower. The move appears to have been driven by concerns over rising US interest rates and declines in stocks following earnings reports from major US companies.
The Nikkei Average opened at ¥65,427.69, down 1.19% from the previous day, starting ¥789.10 lower. The market moved lower.
The decline appears to have been influenced by rising interest rates in the US and factors including developments related to retail stocks. It was also reported that declines in stocks following earnings reports from major US companies may have played a role.