Overview
- Nikkei ended the morning at 52,931.11, down 652.46 yen from the previous close after an early slide that topped 700 yen.
- TOPIX fell 35.71 points to 3,620.69 as defensive trading set the tone.
- The yield on the newly issued 10-year government bond briefly rose to about 2.330%, pressuring equity valuations.
- European markets declined on Jan. 19 following the U.S. tariff threat, transmitting risk-off sentiment into Tokyo.
- Traders in Tokyo favored reducing exposure, with sell orders outweighing buyers through the morning session.