The Nikkei 225 fell sharply shortly after the open on Monday, temporarily declining by more than ¥1,400 and slipping below the ¥60,000 range for the first time in about a month. The move was believed to have been affected by US market conditions and selling in AI- and semiconductor-related stocks.
The Nikkei 225 fell in Tokyo trading on Monday, with selling spreading as the market opened. The index temporarily declined by more than ¥1,400 and fell below the ¥63,000 range for the first time in about a month.
The decline came against the backdrop of broad-based losses in major US stock indexes the previous week, with selling spreading mainly to AI- and semiconductor-related names. Market participants reportedly said that concerns over the massive investments by AI-related companies, which had contributed to the sharp decline the previous week, remained.
Some therefore believe that the Nikkei 225's decline could continue, although the article does not provide specific figures or amounts for the future.