The Nikkei 225 fell for a second consecutive session in Tokyo trading on the morning of the 1st, closing at ¥66,050.33, down ¥261.60 from the previous day. Against a backdrop of rising long-term interest rates, caution over the "3% interest-rate era" spread, weighing on semiconductor-related stocks, while financial stocks were also sold in the morning.
The Nikkei 225 fell to ¥66,050.33 in Tokyo trading on the morning of the 1st, down ¥261.60 from the previous day. Selling intensified from the morning, and the decline at one point exceeded ¥700. The market repeatedly saw a tug-of-war between buying interest in asset-value stocks and selling.
The upward trend in long-term interest rates came into focus, and caution over what is being called the "3% interest-rate era" spread. Against this backdrop, investors were said to have intensified moves reflecting their awareness of interest-rate risk.
Semiconductor-related stocks traded lower, while financial stocks were also seen coming under selling pressure in the morning.