Selling prevailed in the Tokyo stock market on the morning of the 31st amid concerns over US rate hikes, sending the Nikkei 225 down more than ¥1,500 at one point. As of 10:00 a.m., it stood at ¥65,093.42, while the TOPIX was at 4,108.38.
The Nikkei 225 fell in early trading on Monday in the Tokyo stock market, recording a decline of more than ¥1,500 at one point. As of 10:00 a.m., it stood at ¥65,093.42, while the TOPIX had fallen to 4,108.38.
Concern over US interest-rate hikes weighed on the market. Views spread that long-term interest rates would rise after FRB Chair Warsh (ウォーシュ) made remarks in a speech leaving room for a rate hike.
Semiconductor-related stocks fell in US trading at the end of the previous week, and high-priced stocks in the Tokyo market, including leading semiconductor test equipment maker Advantest, also declined.