Tokyo Stock Market Slides on BoJ Rate‑Hike Jitters: What Nikkei’s 950‑Point Drop Means for 2026
Tokyo’s stock market opened December with a jolt. The Nikkei 225 tumbled 950.63 points on Monday, closing at 49,303.28, a drop of 1.89% from Friday and almost erasing last week’s steady gains. The broader TOPIX index fell 1.19% to 3,338.33.Nippon+1 The sell‑off came as investors reacted to a hawkish speech from Bank of Japan (BoJ) Governor Kazuo Ueda, rising Japanese government bond yields, and fresh signs that Japan’s manufacturing and capital spending are losing momentum. Below is a full rundown of what moved the Tokyo stock market on 1 December 2025, and how strategists now see Japanese equities into 2026. Key takeaways from 1 December 2025 Market recap: Nikkei