EWJ•Japan's Nikkei fell 5.5% to 57,713.19 early Friday as concerns about regulatory scrutiny and a slowdown in the AI buildout weighed on sentiment. The broader Topix lost 4.9%.
The Nikkei was down 5.5% at 57,713.19, 18 minutes into Friday's trading, extending a selloff in Japanese tech stocks that began Wednesday. The broader Topix lost 4.9%.
Fears of regulatory scrutiny and a slowdown in the AI buildout weighed on sentiment after the Democratic sweep in the U.S. midterm elections. Overnight, the S&P 500 and Nasdaq suffered their steepest falls since April 2025; major chip and AI stocks including Advantest and SoftBank Group had yet to trade in Tokyo.
