Overview
- The Nikkei 225 fell more than ¥1,200 intraday and traded around 48,590 at 9:15 a.m. JST, while the TOPIX slipped 22.59 points to 3,276.98.
- Breaking below the 49,000 mark intensified selling as technical levels gave way in early trade.
- Selling was concentrated in semiconductor and AI-related shares, with profit-taking cited by market participants.
- Weakness followed a U.S. session where equities fell after jobs data pointed to cooling employment and Nvidia shares declined.
- The U.S. employment release was delayed by a government shutdown, and the reported rise in unemployment further dented sentiment.