Selling led the Japanese stock market amid weakness in US stocks. The Nikkei 225's expected range for today is likely to fluctuate depending on movements after the open and the direction of economic indicators.
Selling led the Japanese stock market amid weakness in US stocks. The Nikkei Average continued to test lower levels after the open, drawing attention to its expected range for today.
The Nikkei Average is currently trading at 65,269.33, under downward pressure following the decline in US stocks. The Dow Average is down approximately 1,130 points from the previous day.
The US dollar is trading at around the low ¥153 range against the yen, and movements amid a stronger yen and weaker dollar are affecting trading in the Nikkei after the open. The Shanghai Composite is also slightly lower than the previous day.
Market participants are focused on setting the Nikkei Average's range for today, while the market is expected to remain in a wait-and-see phase for movements in semiconductor-related and AI-related stocks, as well as the release of domestic and overseas economic indicators.