The Nikkei Stock Average fell sharply in the morning session of the Tokyo stock market on the 6th, closing the morning session at ¥57,858.61, down ¥3,219.29 from the previous day. The decline exceeded ¥4,300, and the index temporarily fell below ¥57,000 during trading hours for the first time in seven months.
The Nikkei Stock Average fell for a second straight session in the morning session of the Tokyo stock market on the 6th, closing the morning session at ¥57,858.61. It was down ¥3,219.29 from the previous day, with the decline exceeding ¥4,300.
US stocks plunged amid views that the Democratic Party, seen as supportive of AI regulation, had won a major victory in the US midterm elections. Selling intensified, particularly in AI- and semiconductor-related stocks, including SBG, Advantest and TDK.
The sell-off was broad-based, with more than about 90% of stocks on the TSE Prime Market declining, highlighting the overall weakness of the market.
The news was reported via Nikkei QUICK News (NQN).