Against a backdrop of concerns about rising U.S. interest rates, the Nikkei 225 fell more than ¥2,600 at one point. AI- and semiconductor-related stocks were sold, and the impact spread to the Tokyo market. The information provided is limited to the trading timeline, price movements and the factors behind them.
The Nikkei 225 fell sharply immediately after the open, with the decline exceeding ¥2,600 at one point and the index falling below ¥66,000.
The Nikkei 225 reached the ¥65,000 range during trading for the first time in about two weeks, since 29 September.
Against a backdrop of the U.S. Consumer Price Index released the previous day exceeding market expectations, concerns about rising interest rates prompted selling centered on AI- and semiconductor-related stocks. The Tokyo market also moved in response to this trend.
Market participants said that, in addition to rising interest rates, instability in the Middle East could affect share prices, and expressed the view that market conditions could remain challenging depending on developments ahead.