The Nikkei 225 plunged and temporarily fell below 60,000. Concerns over a brake on AI investment are spreading against the backdrop of the US midterm election results.
The Nikkei 225 plunged in Tokyo stock trading on the 6th, with the decline from the previous day exceeding 3,000 yen at one point and the index falling below 60,000.
As a view that the Democratic Party had scored a decisive victory in the US midterm elections spread through the market, concerns grew that investment in artificial intelligence infrastructure could be restrained. Selling in AI- and semiconductor-related stocks swelled in the Tokyo market against the backdrop of a decline in the Nasdaq Composite Index.
The Nikkei 225 falling below 60,000 during trading was the first such occurrence since 20 May.