Next week, the market is expected to move while investors assess earnings trends in Japan and the US, as the Nikkei 225 continues to decline. Selling pressure prevailed in the Tokyo market on the 23rd, centered on AI and semiconductor-related stocks, and the Nikkei 225 was seen widening its losses at times.
Amid continued declines in the Nikkei 225, attention is also focused on stocks due to report earnings next week. Following volatility in the US stock market, selling pressure was evident in the Japanese market from the morning session.
The Nasdaq Composite declined and the SOX Index plunged in the previous day's US trading, prompting selling to spread across the Tokyo market on the 23rd, particularly among AI and semiconductor-related stocks.
While some expect the aftereffects of the Nikkei 225's sharp decline to persist into next week, earnings announcements from hyperscalers are also scheduled for next week, and the market is expected to focus on their results.