Against a backdrop of continued declines in U.S. stocks and rising geopolitical risks, the Nikkei Average fell sharply for a second straight session, ending the morning session at 64,473.16. Estimated volume was reported at more than 1.1 billion shares.
The Nikkei Average was down 1,742.18 points at the close of the morning session, ending at 64,473.16. Estimated volume was 1.12178 billion shares.
U.S. stocks continued to decline in the previous session, with the Dow Average ending down $419.02 and the Nasdaq down 271.12 points.
Selling prevailed after the open, driving the market lower. Reports indicated that investors broadly moved to sell on weak economic indicators and uncertainty over the outlook for the conflict with Iran.
The article reported that the market saw a broad-based sell-off against a backdrop of rising geopolitical risks and higher interest rates. Attention is also focused on the performance of stocks including Tokyo Electron.