【Japan Market】Stocks fall for a second straight session on AI overheating concerns and Kioxia Holdings earnings shortfall; 10-year yields decline

The story

In the Japanese market on the 2nd, the Nikkei Stock Average turned higher, while stocks with strong earnings, including Tokyo Electron, were bought as AI-related stocks underwent a global correction.

Bonds declined and yields rose. In addition, Kioxia Holdings' earnings were reported to have fallen short of expectations.

At a glance

Market TrendsNikkei Stock Average turns higher

AI-related stocksAI-related stocks enter a correction phase

StockStocks with strong earnings, including Tokyo Electron, were bought

CompanyKioxia Holdings' earnings fall short of expectations

Bond market trendBonds decline and yields rise

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