Nikkei tumbled 4.0%
The Nikkei 225 tumbled 4.03 percent on Thursday to close at 64,141.12, extending a sharp pullback that has erased nearly a tenth of the index's value in just one week. The session marked the benchmark's lowest close since early June and left it 11.37 percent below its 52-week high of 72,366.34 reached earlier this year. Even after this slide, the index remains 61.26 percent above its 52-week low of 39,774.92, reflecting the extraordinary rally that has still delivered a 27.42 percent gain year-to-date.
The technical picture has deteriorated rapidly. The Nikkei finished Thursday below its 50-day simple moving average of 66,662.77, a short-term trend indicator it had held above for much of the year. It remains, however, comfortably above its 200-day moving average of 56,119.97, suggesting the longer-term uptrend is technically intact despite the recent violence. The one-week return of negative 6.44 percent and one-month decline of 9.73 percent stand in stark contrast to the three-month gain of 10.33 percent, capturing the speed of the reversal.
The selling was concentrated in Asia-Pacific markets. South Korea's KOSPI plummeted 6.37 percent and Taiwan's TAIEX dropped 6.47 percent, both forced to close early according to a headline from TradingKey. China's Shanghai Composite fell 3.03 percent and Hong Kong's Hang Seng shed 1.99 percent. By contrast, Western markets showed relative resilience: the S&P 500 eased 0.51 percent, the Nasdaq declined 1.47 percent, and European indices including the FTSE 100 and Euro Stoxx 50 posted modest gains of 0.54 percent and 0.29 percent respectively. Indian benchmarks bucked the trend entirely, with the Sensex rising 1.06 percent and the Nifty 50 up 0.84 percent.
According to headlines from Yahoo Finance, LancasterOnline, and News4JAX, the pressure on Tokyo came from a rout in artificial intelligence and semiconductor stocks that dragged regional markets lower. A headline from finance.biggo.com noted the Nikkei plunged more than 2,500 points at one stage before paring some losses. The uniformity of these reports across multiple publishers points to a coordinated unwind in technology exposure, though the evidence pack offers no specific corporate names or fundamental catalysts beyond the sector-level narrative.
What the data establishes is clear: the Nikkei has suffered its most severe daily decline in months, broken its 50-day moving average, and is now experiencing drawdowns comparable to other major regional indices. What it does not establish is whether this represents a temporary correction within the year-long uptrend or something more sustained. The index still trades well above its 200-day average and retains substantial year-to-date gains, but the velocity of the past week's selling—6.44 percent in five sessions—has clearly altered the near-term trajectory. Investors watching Tokyo will be weighing whether the relative stability in Western markets can contain the regional damage, or whether Asian technology exposure remains the epicenter of risk.
The numbers
- Level 64,141.12, -4.03% on the day (as of 2026-07-17)
- 1-week -6.44% · 1-month -9.73% · 3-month +10.33% · YTD +27.42%
- 52-week range 39,774.92 – 72,366.34, 11.4% below the high
- Trading below its 50-day average and above its 200-day average
Around the world (same session)
- S&P 500 -0.51%
- Nasdaq -1.47%
- Dow -0.20%
- FTSE 100 +0.54%
- DAX -0.34%
- CAC 40 -0.05%
- Euro Stoxx 50 +0.29%
- Hang Seng -1.99%
- Shanghai -3.03%
- KOSPI -6.37%
- TAIEX -6.47%
- ASX 200 -0.50%
- Sensex +1.06%
- Nifty 50 +0.84%
Recent headlines
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower — Yahoo Finance (2h ago)
- Stock Markets Rally In Early Trade Propelled By Buying In IT Firms — ETV Bharat (2h ago)
- Asian stocks today: Kospi, Nikkei extend losses, plunge up to 6% amid sell-off in chip stocks — livemint.com (1d ago)
- South Korean Stocks Closed to Avoid Storm, Japanese Stocks Plunge at Open, Nikkei 225 Tumbles 3%, Kioxia Slumps Over 15% — TradingKey (6h ago)
- Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower — LancasterOnline (1h ago)
- Nikkei 225 Plunges Over 2,500 Points at One Stage; AI and Semiconductor Sell-Off Drags Index to 64,300 Level — finance.biggo.com (5h ago)
- Nikkei reaches new record as BoJ intensifies its restrictive stance — equiti.com (3d ago)
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower — News4JAX (2h ago)
Sources
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower — Yahoo Finance
- Stock Markets Rally In Early Trade Propelled By Buying In IT Firms — ETV Bharat
- Asian stocks today: Kospi, Nikkei extend losses, plunge up to 6% amid sell-off in chip stocks — livemint.com
- South Korean Stocks Closed to Avoid Storm, Japanese Stocks Plunge at Open, Nikkei 225 Tumbles 3%, Kioxia Slumps Over 15% — TradingKey
- Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower — LancasterOnline
- Nikkei 225 Plunges Over 2,500 Points at One Stage; AI and Semiconductor Sell-Off Drags Index to 64,300 Level — finance.biggo.com
- Nikkei reaches new record as BoJ intensifies its restrictive stance — equiti.com
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower — News4JAX
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