Nikkei Falls 3.8%, Dragged by Chip, Metals Stocks -- Market Talk

Dow Jones03-23

0015 GMT - Japanese stocks are broadly lower as concerns about higher energy prices and a shortage of petrochemical products persist amid the Middle East conflict. Chip and metals stocks are leading declines. Renesas Electronics is down 8.3% and Mitsui Kinzoku is 7.7% lower. The dollar is at 159.07 yen, compared with Y159.23 late Friday in New York. Investors are focusing on developments in Iran and crude oil prices. The Nikkei Stock Average is down 3.8% at 51341.67. (kosaku.narioka@wsj.com; @kosakunarioka)

(END) Dow Jones Newswires

March 22, 2026 20:15 ET (00:15 GMT)

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