In the Tokyo market after the weekend, the Nikkei 225 fell for the first time in 2 sessions, closing at ¥63,081.86. Selling in AI-related and semiconductor stocks weighed on the index, while the strength of companies' interim results contributed to the market's lack of direction.
In the Tokyo stock market on the 2nd, the Monday after the weekend, the Nikkei 225 fell ¥208.25 from the previous weekend to ¥63,081.86, marking its second consecutive trading-day decline. TOPIX fell 34.79 points to 3,930.28.
In the US market, technology stocks declined amid concern over massive AI-related investment and companies' financial strength, affecting the Nikkei 225 as well. Some AI- and semiconductor-related stocks in particular were sold, weighing on the index.
At the same time, companies' interim results were solid, and the Nikkei 225 temporarily turned higher, resulting in a directionless session. In addition to views that investors wanted to assess the outcome of the US midterm elections, caution increased toward the close ahead of the holiday.
The Nikkei 225 moved around the previous day's closing level, while TOPIX also ended lower.