Tokyo stock market nosedive after US vote, closes at -5.96%

The Tokyo stock market ends the session sharply lower after the electoral victory of the Democrats in the United States fueled fears of a crackdown on the regulation of AI, causing technology stocks to collapse on Wall Street and dragging the benchmark index below 60,000 points for the first time in about five and a half months.

The Nikkei reference price list fell by 5.96% to 57,434.77, with a loss of 3,643 points. On the currency market, the yen strengthens against the dollar at 157.80, and against the euro at 176.70.