Nikkei Stock Average Weighed Down by Sharp Drops in Amazon and Intel Shares (Stock Market Preview)

The story

In the Tokyo market on the 30th, the Nikkei Stock Average fell more than ¥1,100 from the previous day's close of ¥64,659, with around ¥63,500 expected to serve as a downside target. Selling led against the backdrop of declines in U.S. stocks.

Declines in Amazon.com and Intel shares in after-hours trading following earnings announcements by major U.S. companies weighed on investor sentiment, widening the Nikkei's losses.

At a glance

Nikkei levelThe Nikkei fell from the previous day's close of ¥64,659 to around ¥63,500, down more than ¥1,100

Impact of U.S. stocksSelling led in the Tokyo market following the previous day's decline in U.S. stocks

Individual StocksAfter-hours declines in Amazon.com and Intel weighed on sentiment

DowThe Dow recorded its first decline in four trading days in the market on the 29th

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