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The Nikkei Stock Average fell more than 1,000 points Monday afternoon, a drop of more than 2.5%.
The major stock indexes all fell in the U.S. market over the weekend, with semiconductor and other high-tech stocks in particular falling sharply. Sell orders for semiconductor-related stocks are spreading in the Tokyo market as well.
The morning close was ¥38,704.10, down ¥984.84 from Friday’s close.
