Business · Markets · 2 hrs ago

Tokyo stocks fall 5.1% at the open amid AI investment concerns

Tokyo stocks fall 5.1% at the open amid AI investment concerns

Tokyo’s stock market fell more than 5% at the open on November 6.

The Nikkei index was down 5.1%, at 56,930 points, after early trading began.

The fall followed losses on Wall Street and concern about the possible effects of US election results.

Investors worry that those results could slow investment in data centers for artificial intelligence.

The Japanese yen strengthened, trading at 157.50 to the US dollar and 176.90 to the euro.

The figures describe the market at the start of the trading day; no further developments are given.

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