The Nikkei 225 fell sharply on the 30th, with selling spreading across AI-related and semiconductor-related stocks. As risk-averse selling intensified amid disappointment with earnings at U.S. technology companies, bonds are reported to have moved on increased demand for safe-haven assets.
The Nikkei 225 is reported to have fallen sharply in the Japanese stock market on the 30th, affected by turmoil in U.S. equities and a rise in risk aversion. According to reports, disappointment with earnings at technology companies increased selling pressure across the market.
Selling appears to have been particularly heavy in AI-related and semiconductor-related stocks, with investors focusing on the outlook for corporate earnings and future demand. The bond market was also reported to have seen a shift toward greater safe-haven demand.