The Nikkei Stock Average fell sharply, at one point slipping below ¥62,000. The market opened slightly lower, led by declines in AI and semiconductor-related stocks.
The Nikkei Stock Average fell sharply from the previous day, at one point dropping ¥1,324 and slipping below ¥62,000. The market opened at ¥62,973.16, down ¥108.70 from the previous day.
AI and semiconductor-related stocks, which are representative high-priced stocks, accelerated their declines, with アドバンテスト falling approximately 5%. Market participants were closely watching trends in capital investment for AI in connection with the results of the U.S. midterm elections.
While nearly 60% of the stocks in the Prime Market were seen rising against a backdrop of lower crude oil futures prices, some observers noted that AI and semiconductor stocks were being sold in a concentrated manner.
Investors' attention was focused on the progress of the vote count and future trends in AI-related investment, and many market participants said they wanted to assess the market's future direction.