Japanese stocks fell sharply in today's trading, with the Nikkei index falling 1.7% to 48,669.70. This decline followed Wall Street's overnight plunge, as global market sentiment was dominated by investor risk aversion.
The greatest pressure came from artificial intelligence (AI) stocks. Investors began to withdraw after several major players in the cloud infrastructure sector withdrew from data center projects. This situation raised concerns about the future growth prospects of the AI sector. SoftBank Group was one of the worst-performing stocks, plummeting 6.7%, followed by Lasertec (down 4.7%) and Fujikura (down 4.3%).
In the currency market, the Japanese yen strengthened slightly against the US dollar. The USD/JPY pair was recorded at 155.48, slightly lower than 155.70 in previous New York trading. This movement reflects market caution amid ongoing global turmoil. (az)
Source: Newsmaker.id
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