TSE Growth Market 250 Index Futures fell for a fifth straight session. Concerns over an AI bubble collapse following the US midterm elections weakened risk appetite, and the contract ended trading at 752 points.
On 5 November, TSE Growth Market 250 Index Futures fell from the previous day and traded around 777 points during the day, but lost momentum after buying ran its course and ended down for a fifth straight session. Trading volume was 3,485 contracts, remaining stable despite being modest.
Although the Dow rebounded in the US market, excessive expectations for AI-related stocks receded following the US midterm election results. The prevailing view was that the Democratic Party’s victory in securing majorities in both chambers and the election of candidates opposed to data-centre construction reduced overall market risk tolerance.
Selling was also encouraged across the equity market by the daily parabolic indicator turning negative as a technical factor. パワーエックス and 技術承継機構 declined among the major stocks.
Concerns over an AI bubble collapse resurfaced toward the close, reducing risk appetite in the Japanese market. The performance of the Growth Market is drawing attention because it is susceptible to overseas factors.