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Nikkei Sheds Over 1,100 Points in Morning Trade After Brief Dip Below 50,000

Selling centered on high-valuation chip and AI stocks after U.S. tech losses linked to labor‑market slowdown concerns.

Overview

  • The morning session closed down 1,100.19 points at 49,783.49, with TOPIX lower by 41.37 at 3,272.08.
  • An early slide exceeded 1,100 points and briefly pushed the index below the 50,000 mark.
  • At 10:00 a.m. in Tokyo, the index was off 750.18 points at 50,133.50 before further weakening into the break.
  • Tokyo followed the prior U.S. decline that market participants tied to signs of a slowing jobs market, pressuring major indices.
  • Volatility has intensified after late‑October records, with a roughly 2,200‑point drop on Nov. 4–5 followed by a rebound of more than 600 points on Nov. 6.