Business · Markets · 1 hr ago
Nikkei futures fall below 60,000 as US tech stocks sell off
Nikkei 225 futures fell sharply in Chicago on November 5, dropping well below the closely watched 60,000 level.
The contracts briefly slipped to around 57,000 yen.
The selling followed a wider decline in US shares, with semiconductor and other tech stocks under pressure.
Futures are contracts tied to the expected future value of a stock index, and moves in them can signal how investors may trade when the market opens.
The drop points to a sharply lower start for Japan's Tokyo stock market on November 6, Japan time.
The available information does not say how the Tokyo market ultimately opened.
Nikkei average futures fell sharply below 60,000 yen on the Chicago Mercantile Exchange on Nov. 5, according to Nikkei.
The decline followed selling in US technology stocks, particularly semiconductor shares.
The futures briefly fell to around 57,000 yen.
Kyodo reported that the Nikkei average fell below 60,000 for the first time since May.
Nikkei said the Tokyo market was expected to open sharply lower on Nov. 6.
- Who
- Nikkei average futures and the Nikkei average.
- What
- Futures fell sharply below 60,000 yen, briefly reaching around 57,000 yen.
- When
- Nov. 5 in US eastern time; reports were published on Nov. 6, 2026.
- Where
- Nikkei futures trading on the Chicago Mercantile Exchange.
- Why
- Selling in US technology stocks, especially semiconductor shares, spread to the futures.
This story does not have two clearly opposing sides.
Nikkei December futures fell sharply on the Chicago Mercantile Exchange.
Nikkei reported that the Tokyo market was expected to open sharply lower.
- Futures contract
- Nikkei average December futures
- Low level
- Around 57,000 yen
- Threshold breached
- 60,000 yen
- Reported first time below threshold since
- May