Stock market: Tokyo collapses at opening, Nikkei -5.1%
The Nikkei index plummets by 5.1% to 56,930 points, the yen strengthens against the dollar and euro
Quick Look
- The Tokyo stock market fell more than 5% at the opening, following Wall Street, amid fears that the results of the US elections could slow investment in data centers for artificial intelligence.
- The Nikkei plummets by 5.1% to 56,930 points; the yen strengthens to 157.50 against the dollar and 176.90 against the euro.
AI-generated summary
Why It Matters
The Tokyo stock market opens sharply lower following the trend of Wall Street, with the Nikkei index plummeting by 5.1% to 56,930 points. On the currency market, the yen strengthens against the dollar at 157.50 and against the euro at 176.90. Fears surround the US election results and a possible slowdown in investment in AI data centers.
The Tokyo stock market plummeted by more than 5% at the opening, in the wake of Wall Street and amid fears related to the results of the US elections, which could slow down investments in data centers dedicated to artificial intelligence.
After the first trading of the day, the Nikkei index plummeted by 5.1%, settling at 56,930 points. On the currency market, the yen strengthened, against the dollar at 157.50 and against the euro at 176.90.
Open Questions
- What specific US election results are generating fear?
- To what extent could investment in AI data centers actually slow down?
- What will be the trend of the Nikkei in the next sessions?
