Japan's Nikkei average recorded a decline of more than 6%, while Asian stocks were generally soft after Wall Street's decline. Moves in stocks, including AI-related names, attracted market attention.
Asian stock markets fell across the board in response to the previous day's decline on Wall Street. The Nikkei in Japan fell sharply, and selling spread across other major markets.
The article cites a decline of more than 6% in the Nikkei as a specific figure for the Japanese market, reporting weakness across Asian markets.
AI-related stocks reportedly temporarily halted the week's rapid sell-off and rebounded, while developments in the US market are affecting global stock markets.