Nikkei 225 Slumps 7.1% Below 60,000 as AI Selloff Pushes Index Into Bear Market
Updated
Updated · Bloomberg · Nov 6
Nikkei 225 Slumps 7.1% Below 60,000 as AI Selloff Pushes Index Into Bear Market
3 articles · Updated · Bloomberg · Nov 6
Summary
Japan’s Nikkei 225 sank as much as 7.1% to 56,745.81 on Friday, breaking the 60,000 threshold and leaving the index 20% below its June peak.
AI-linked selling drove the drop as investors unwound crowded technology trades, putting the tech-heavy benchmark on course to enter a technical bear market.
The broader Topix fell as much as 6.4%—its biggest decline since April 2025—showing the selloff had spread beyond the Nikkei’s biggest tech names.
Furukawa Electric and Rohm each slid more than 10%, underscoring how sharply semiconductor and related shares were hit in the retreat.