The Nikkei fell more than ¥1,900 at one point, as disappointment spread over earnings from major US IT companies. The breaking report was current as of 10:25 a.m., and selling reportedly progressed mainly in AI and semiconductor stocks.
The Nikkei remained generally weak after the previous day's decline in US markets, falling more than ¥1,900 at one point during morning trading. Movements in the US market have affected trading, and risk-averse selling has spread, particularly among institutional investors.
Market participants point out that AI-related and semiconductor stocks are bearing the brunt of the selling, with sector-specific movements contributing to the Nikkei's overall decline.