On the 16th, the Tokyo stock market and the US economic slowdown increased concerns, and the stock price plummeted in the New York stock market, and the Nikkei Stock Average fell by more than 400 yen.

Concerns about an economic slowdown increased after retail sales in the United States fell far below market expectations last month, and major stock indices plunged on the New York stock market on the 15th. In the Tokyo stock market on the day, sell orders were placed on many stocks immediately after the start of trading.

▽ Nikkei average closing price in the morning was

27,620.66 yen, 431.4



yen lower than the closing price on the 15th.

was.

Market officials say, ``Concerns about the future of the global economy are increasing as the Federal Reserve Board and the European Central Bank, which are the central banks of the United States, have indicated the continuation of interest rate hikes one after another.'' .