{
  "id": 17764851,
  "title": "Tokyo stocks fall on risk-off mood ahead of US elections",
  "url": "https://urgent.news/2026/11/02/tokyo-stocks-fall-on-risk-off-mood-ahead-of-us-elections",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T07:12:33.000Z",
  "source": {
    "name": "The Mainichi",
    "slug": "the-mainichi",
    "url": "https://mainichi.jp/english/articles/20261102/p2g/00m/0bu/031000c"
  },
  "original_language": "en",
  "account": "Tokyo stocks experienced a decline on Monday, as investors adopted a cautious approach prior to the U.S. midterm elections and a Japanese holiday the following day. The 225-issue Nikkei Stock Average closed 0.33% lower at 63,081.86, while the broader Topix index fell 0.88% to 3,930.28. The decline was attributed to the recent earnings release from Kioxia Holdings, which fell short of market expectations. Additionally, the U.S. dollar strengthened to near 158 yen, prompting investors to adjust their positions ahead of the U.S. midterm elections on Tuesday. The Nikkei index initially showed positivity with Advantest and Tokyo Electron gaining ground, but it eventually slipped back into the red. The Topix index was also affected by AI-related sectors, which faced concerns over the sustainability and profitability of significant investments in AI. Upcoming events, such as the midterm elections and geopolitical risks following the U.S. elections, along with Japanese companies' earnings releases, are driving risk-off selling in some stocks before the market holiday in Japan on Tuesday, according to Maki Sawada, a strategist at Nomura Securities Co.",
  "summary": "TOKYO (Kyodo) -- Tokyo stocks fell Monday, as investors took a risk-off stance ahead of the U.S. midterm elections and a Japanese holiday on Tuesday,",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}