The Nikkei 225 fell for a second straight session, while TOPIX posted a sharp decline. Selling dominated, particularly in large-cap stocks, and the market showed stronger risk-averse tendencies.
The Nikkei 225 fell 0.31% from the previous day for a second straight session, while TOPIX posted a sharp decline of 0.84%. The broad decline in TOPIX suggests a market-wide correction.
A strong wait-and-see mood prevailed among buyers across the market, leaving the entire market, including growth stocks, weak. This was an environment in which diversification by investment style was less effective, with stock-specific factors having a noticeable influence on trading.
Data such as index information and stock news from Yahoo! Finance have been cited as sources of information conveying the day's market movements.