The Nikkei Stock Average briefly fell below ¥57,000, while South Korean stocks also plunged. The weakness in US technology stocks has been cited as a contributing factor.
The Nikkei Stock Average briefly fell below ¥57,000 in the Tokyo market, putting investors on edge. Intraday trading trends drew attention.
South Korean stocks also plunged during the same period, highlighting the correlation among Asian stock markets. The weakness in US technology stocks was cited as a contributing factor.
The move was reported to reflect the spillover from a sell-off in US technology stocks, prompting views that developments in the markets should be watched closely.