Tokyo stocks fell for a second straight session on the 2nd, with the Nikkei 225 dropping to 64,473.16 in morning trading, down about 1,742 points from the previous day. Oil prices are expected to rise amid renewed deterioration in the Middle East situation, while higher domestic and overseas interest rates are also weighing on the broader market.
The Nikkei 225 extended its decline in Tokyo trading on the 2nd, standing at 64,473.16 at the close of morning trading, down ¥1,742.18 from the previous day. Concerns over higher oil prices due to renewed deterioration in the Middle East situation have been cited as a key factor.
The upward trend in domestic and overseas interest rates is also affecting the stock market environment, intensifying investor caution.