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Nikkei Slides Over 1,100 Intraday on Tech Selloff, Briefly Dips Below 50,000 Before Paring Losses

Investor caution followed U.S. labor‑market slowdown signals that hit high‑valuation chip and AI shares.

Overview

  • The Nikkei 225 fell more than 1,100 yen at its morning low on Nov. 7 and briefly slipped under the 50,000 level.
  • By the morning close, the index stood at 49,783.49, down 1,100.19 yen, with the TOPIX at 3,272.08 after a 41.37‑point decline.
  • The market later recovered part of the drop, finishing the day at 50,276.37, a loss of 607.31 yen from the prior close.
  • Selling focused on semiconductor and AI‑linked names, with outsized declines reported in Advantest and SoftBank Group.
  • The pullback followed a U.S. tech-led drop tied to softer labor indicators and came after sharp swings that took the Nikkei above 52,000 on Oct. 31, a roughly 2,200‑yen two‑day slide on Nov. 4–5, and a rebound on Nov. 6.