Wolf Murata Kakamucho Tweet‼️ Shikiho Highlight Laser Tech‼️
Laser Tech and semiconductor manufacturing equipment-related stocks such as Tokyo Electron are showing sizable selling pressure in early trading. In the previous day’s U.S. stock market, sales of tech growth shares piled up, sending the Nasdaq Composite down sharply, and the Philadelphia Semiconductor Index (SOX) plunged more than 4%. As investors disliked this, risk-averse selling pressure surfaced in the Tokyo market as well. In the U.S. stock market, after the FOMC meeting on the 15th, tech stocks were briefly rebound and rose, but as central banks around the world move to tighten policies one after another, there is a rush to lock in profits in the short term. Semiconductor-related stocks are expected to see earnings growth next year supported by structural demand expansion, but in the near term, the recent surge bears a tendency to retreat. Today, stock index futures during the trading session are also likely to influence sentiment.