In the ADR (American Depositary Receipt) Japanese stocks, Yucho Bank <7182>, Renesas <6723>, Hitachi <6501>, Nidec <6594>, SoftBank Group <9984>, Tokyo Electron <8035>, Sony <6758>, and others fell, with selling prevailing overall. The settlement value of Chicago Nikkei 225 futures was 36,725 yen, down 275 yen from Osaka's daytime trading, when converted at a rate of 1 dollar to 143.64 yen in comparison to the Tokyo Stock Exchange.

The U.S. stock market was mixed. The Dow Jones Industrial Average closed at 40,974.97, up 38.04 points, while the Nasdaq ended trading at 17,084.30, down 52.00 points. The semiconductor sector's decline was a cause for concern, leading to a drop in prices after the opening bell. However, strong buying emerged temporarily as speculation intensified about a substantial interest rate cut due to a larger-than-expected decrease in July's JOLTS job openings. Nonetheless, caution ahead of the release of employment statistics and comments by Atlanta Fed President Bostic, who mentioned the risk of labor market disruptions and called for an early rate cut in an essay, along with the Federal Reserve's Beige Book, which indicated a modest slowdown in the economy, placed limits on upward pressure and resulted in a mixed closing.

In the New York foreign exchange market on the 4th, the dollar-yen rate fell from 145.20 yen to 143.71 yen and closed at 143.76 yen. The observation of a slowdown in the labor market intensified due to a greater-than-expected decline in July's JOLTS job openings, which reached the lowest level since January 2021, further promoting expectations of an interest rate cut and accelerating the sell-off of the dollar amid declining long-term interest rates. The Federal Reserve's Beige Book, which was published along with economic reports from the regional banks, also indicated signs of a gradual economic slowdown, adding to pressure on the dollar. The euro-dollar rate rose from 1.1040 dollars to 1.1095 dollars and closed at 1.1083 dollars.

NYMEX crude oil futures for October continued to fall (NYMEX crude oil October futures closing price: $69.20, down $1.14).

Top-performing ADR stocks (as of the 4th):

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

<5401> Nippon Steel: $7.6, 3275 yen (+112 yen), up 3.54%

<2801> Kikkoman: $22.8, 1637 yen (+43.5 yen), up 2.73%

<8830> Sumitomo Realty $17 4884 yen (116 yen) +2.43%

<4307> Nomura Research 35.32 dollars 5073 yen (89 yen) +1.79%

<6178> Japan Post $10 1436 yen (22 yen) +1.56%

■ADR Bottom performing stocks (4th day)

Stock code, stock name, closing price (dollars), yen equivalent price, Japanese closing price/compared to previous day, change rate

<7182> Japan Post Bank $8.25 1185 yen (-190.5 yen) -13.85%

<8750> Dai-ichi Life Holdings $25 3591 yen (-495 yen) -12.11%

<7259> Aisin Seiki $32.1 4611 yen (-263 yen) -5.4%

<6752> Panasonic $ 8.29 1191 yen (-37 yen) -3.01%

<4911> Shiseido $ 21.02 3019 yen (-75 yen) -2.42%

■ Other ADR stocks (4th)

Code name closing price (dollar) Japanese yen conversion price Japan closing price comparison

<2914> Japan Tobacco Inc $ 14.36 4125 yen (-32 yen)

<3382> Seven & I Holdings $ 15.12 2172 yen (-17 yen)

<4063> Shin-Etsu Chemical Co. $ 20.17 5794 yen (-38 yen)

<4502> Takeda Pharmaceutical Co. $ 14.98 4303 yen (-30 yen)

<4519> Chugai Pharmaceutical. $23.9, 6866 yen (-$77)

<4543> Terumo. $18.47, 2653 yen (-$20)

<4568> Daiichi Sankyo. $40.61, 5833 yen (-$26)

<4661> Orlenland. $27.25, 3914 yen (-$24)

<4901> Fujifilm. $13.16, 3781 yen (-$40)

<5108> Bridgestone. $18.68, 5366 yen (-$53)

<6098> Recruit Holdings. $11.65, 8367 yen (-$39)

<6146> Disco. $25.1, 36054 yen (-$156)

<6178> Japan Post $10 1436 yen (+22 yen)

<6201> Toyota Industries $76.72 11020 yen (+5 yen)

<6273> SMC $21.2 60903 yen (-697 yen)

<6301> Komatsu $26.37 3788 yen (-25 yen)

<6367> Daikin Industries $12.31 17682 yen (-193 yen)

<6501> Hitachi $46.08 3309 yen (-51 yen)

<6503> Mitsubishi Electric $32.23 2315 yen (-21.5 yen)

<6594> Nidec $10.08 5792 yen (-86 yen)

<6702> Fujitsu $19.18 ¥2755 (-¥14.5)

<6723> Renesas $7.75 ¥2226 (-¥39)

<6758> Sony $94.46 ¥13568 (-¥182)

<6857> Advantest $42.4 ¥6090 (-¥39)

<6902> Denso $14.59 ¥2096 (-¥25.5)

<6954> Fanuc $13.95 ¥4008 (-¥43)

<6981> Murata Manufacturing $10.18 ¥2925 (-¥19)

<7182> Japan Post Bank $8.25 ¥1185 (-¥190.5)

<7203> Toyota Motor $184.71 2653 yen (-21 yen)

<7267> Honda Motor $31.77 1521 yen (-9 yen)

<7741> HOYA $135.5 19463 yen (-27 yen)

<7751> Canon $34.32 4930 yen (-36 yen)

<7974> Nintendo $13.36 7676 yen (-22 yen)

<8001> Itochu $103.19 7411 yen (-72 yen)

<8002> Marubeni $163.2 2344 yen (-24 yen)

<8031> Mitsubishi Corp $401.4 2883 yen (-24 yen)

<8035> Tokyo Electric $78.98 22,689 yen (-306 yen)

<8053> Sumitomo Corporation $22.83 3,279 yen (-21 yen)

<8058> Mitsubishi Corporation $20.19 2,900 yen (17.5 yen)

<8306> Mitsubishi UFJ Financial Group $10.42 1,497 yen (-12 yen)

<8316> Mitsui Sumitomo Financial Group $12.98 9,322 yen (-93 yen)

<8411> Mizuho Financial Group $4.13 2,966 yen (-8 yen)

<8591> Orix $122.13 3,509 yen (-10 yen)

<8725> MS&AD Insurance Group $23.08 3,315 yen (-35 yen)

<8766> Tokio Marine Holdings, Inc. $37.47 5382 yen (-$54)

<8801> Mitsui Fudosan Co., Ltd. $30.9 1479 yen (-$3.5)

<9432> Nippon Telegraph and Telephone Corporation $26.81 154 yen (-$0.8)

<9433> KDDI Corporation $16.71 4800 yen (-$22)

<9983> Fast Retailing Co., Ltd. $31.57 45347 yen (-$393)

<9984> SoftBank Group Corp. $26.7 7670 yen (-$111)