The Nikkei Average fell and depreciated by over 500 yen at one point due to the depreciation of US high-tech stocks and the appreciation of the yen

July 31, 2024 9:18 AM GMT+9 (some excerpts)

The Nikkei Average started when it fell to 38,140 yen 77 yen, 385 yen 18 yen depreciation compared to the previous business day. In addition to the depreciation of US high-tech stocks the day before, Japanese stocks are searching for lower prices due to reports involving the Bank of Japan's interest rate hike and the depreciation of the dollar and yen in response to a decline in long-term US interest rates. The current price is around 38,000 yen, which is over 500 yen cheaper.