The market is now focused on U.S. data such as the manufacturing report. My long-term view is that solid growth will support higher stock prices.
Higher oil prices and a strengthening yen accelerated selling.
In the current market, high techs are not exactly the target of investors' buying interest. Under these circumstances, it wouldn't help at all to post disappointing earnings.
It's not really that overseas investors are negatively reacting to Japanese stocks overall but rather... they are waiting for results, worried about rising oil prices and higher interest rates.
Investors are more confident about buying domestic demand- related shares after the report. The market took higher prices positively as the market's momentum continues to rise.