A post by @DeItaone on X.
*JAPAN'S NIKKEI TRADES 20% BELOW JUNE PEAK AS AI SELLOFF DEEPENS
@DeItaone on X
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Japan’s Nikkei is trading 20% below its June peak as a selloff in AI-related shares deepens, according to a market update from Walter Bloomberg. The decline puts the benchmark index in a technical correction, reflecting mounting pressure on technology and AI-linked names that had driven earlier gains. The move highlights how quickly sentiment has shifted in the AI trade, with investors reassessing valuations across the sector. What to watch next is whether the selling spreads to other major indexes or stabilizes as buyers step in around current levels.
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Nikkei, AI selloff, Japan