In brief
The Nikkei 225 fell 1,915.36 points to 61,166.08, a 3.04% drop, while the Topix fell 70.14 points. Kyodo News reported an even larger fall, over 4%, indicating heightened volatility. The downturn follows a public holiday and reflects investor jitters over U.S. election results.
Japanese stock markets slid sharply on Wednesday, with the Nikkei 225 dropping more than 3% as investors weighed uncertainty ahead of the U.S. midterm election results.
According to Xinhua, the benchmark Nikkei 225 fell 1,915.36 points, a 3.04% decline, to 61,166.08 at 10:43 a.m. local time.
The broader Topix index also fell, dropping 70.14 points, or 1.78%, to 3,860.14.
In contrast, Kyodo News reported that the Nikkei 225 had fallen more than 4% on Nov. 4, 2026, signaling increased volatility on Asia’s largest stock exchange.
Japanese markets had been closed on Tuesday for a public holiday, which likely shifted the trading focus to Wednesday’s session.
These moves illustrate the sensitivity of Japanese investors to global political developments. A larger than expected drop can raise borrowing costs for businesses and affect consumer confidence, making the market’s reaction to U.S. elections crucial for both domestic and international stakeholders.

