Nikkei Stock Average falls more than 4% as global semiconductor stocks sell off; U.S. rate hike expectations also weigh

The story

The Nikkei 225 fell for a 6th consecutive trading day, recording a sharp decline of more than 4% at the close. As the broader market's downtrend continued, investors became more cautious.

Global declines in semiconductor stocks were cited as a selling factor, while concerns about AI-related stocks also weighed on the market.

Following strong growth in the U.S. Consumer Price Index (CPI), expectations for an early rate hike intensified, weighing on market sentiment and reducing the availability of perceived safe havens for funds.

At a glance

Nikkei performanceThe Nikkei 225 fell for 6 consecutive trading days, recording a decline of more than 4%

Factors behind the declineGlobal selling in semiconductor stocks and concerns about AI investment weighed on the market

Background to U.S. rate hikesStronger-than-expected U.S. CPI growth heightened expectations for an early rate hike

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THE TOCHIGI BANK,LTD.The Transition to a World of Positive Interest Rates and Higher Policy Rates

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