Story perspectives

Tokyo Nikkei Slides 3.8% Amid AI Stock Selloff

6/9/2026

Summary

Tokyo Stocks Plunge

Tokyo stocks plunged Monday after heavy AI-related selling triggered by U.S. tech declines.
The Nikkei 225 fell over 3,100 points intraday, closing at 64,024.60, down 3.84%.
Semiconductor and AI firms such as Tokyo Electron and SoftBank Group dropped as investors booked profits.
U.S. indexes fell on Friday amid expectations of a Federal Reserve rate hike after strong labor data.

Summary

Stocks Falter

SpaceX's June 12 IPO could divert investor funds from other tech shares.
Lum Chang Creations delayed move from Catalist to SGX mainboard after a 6% share drop on June 8 due to volatility.
DBS, OCBC and UOB fell 1.6%, 2.3% and 2% on June 8.
Gold fell 3% on June 6 after a U.S. jobs report raised expectations.
South Korea announced measures on June 8 to support won after it hit weakest level since 2009.

Summary

Trump Walks Out

A Nov. 20, 2025 Nasdaq MarketSite broadcast questioned if the tech sell-off is a correction or an AI rally blip.
Finance professor Jeremy Siegel said such declines follow parabolic rises and rarely signal a prolonged correction.
President Donald Trump told the Financial Times Netanyahu must accept a U.S.–brokered Iran deal after strikes.
In a “Meet the Press” interview, Trump left after being pressed on his “weaponization” fund and election-fraud claims, breaking the microphone.

History

Historical Context

The March 2000 dot-com crash sent the Nasdaq tumbling and wiped out Cisco’s value, a pattern echoed today as AI-driven selling pushes Tokyo Electron and SoftBank Group over 3 % lower and prompts alerts from South Korea’s central bank. Like the 1720 South Sea Bubble and the 2001 telecom bust, speculative tech spikes repeatedly trigger broad market volatility.

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Tokyo Stocks Plunge

Tokyo stocks plunged Monday after heavy AI-related selling triggered by U.S. tech declines.
The Nikkei 225 fell over 3,100 points intraday, closing at 64,024.60, down 3.84%.
Semiconductor and AI firms such as Tokyo Electron and SoftBank Group dropped as investors booked profits.
U.S. indexes fell on Friday amid expectations of a Federal Reserve rate hike after strong labor data.

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