The Nikkei opened lower on the 30th, briefly reaching the upper ¥63,700s, down about ¥800 from the previous day. The sell-off in US technology stocks led to selling in Tokyo.
The Nikkei opened lower on the 30th, briefly reaching the upper ¥63,700s, down about ¥800 from the previous day. Selling has prevailed among major stocks in the Tokyo market as the sell-off in US markets continues.
In the US stock market, the Dow Jones Industrial Average fell 0.25% on a closing-price basis, with selling in Alphabet and Caterpillar weighing on the market. The Nasdaq Composite fell sharply in after-hours trading, and its high weighting in US technology stocks dampened market sentiment. SanDisk, a semiconductor memory maker, also remained weak in after-hours trading.
In the Tokyo market, selling led declines in AI-related stocks such as Advantest and Kioxia, while Fast Retailing and Recruit rose. The TOPIX remained little changed.
After the Nikkei fell more than ¥800, attention is focused on whether selling based on the 28th's market movement will continue. The market's future direction is expected to be particularly susceptible to movements in the US market and AI-related stocks.