Tokyo Stocks Fall as Oil Prices Above $100 Weigh on Market

Tokyo stocks edged lower on September 10, as gains in selected semiconductor and electronic-component shares faded under pressure from oil above $100, rising global bond yields, and expectations that the Bank of Japan may raise rates next week.

The Nikkei 225 closed at 65,143, down 0.19%, with the broader TOPIX slipping 0.09% to 4,046.64, showing that the market lacked broad conviction even though some AI and technology-related shares continued to attract buying.

Investors were willing to buy companies tied to artificial intelligence, semiconductors, electronic components, and data-center infrastructure but macro pressure from oil, currencies, and interest rates prevented a sustained advance. The Nikkei opened lower after global markets weakened on renewed inflation concerns.

The Bank of Japan's policy meeting next week remains the main domestic focus. BOJ board member Kazuyuki Masu said that if inflation accelerates, the central bank may eventually be forced to raise interest rates rapidly, given that Japan's financial conditions remain loose.