The average stock index of the Nikkei fell by the third largest drop in history.

The average stock index of the Nikkei fell, closing at 69,360 points, a decrease of 3,005 points from the previous day, a drop of 4.15%, marking the third largest single-day point drop in history. At one point during the trading session, it fell by more than 3,700 points, breaking through the psychological barrier of 69,000 points. The profit-taking in Japanese stocks that hit record highs the previous day was due to the impact of the major technology stocks in the US stock market falling the day before.