Nikkei 225 Dives 1.76% on May 15, Extending Two-Day Selloff

Japan's Nikkei 225 slid 1.76% on May 15, prolonging losses from the prior session amid drags from Paper & Pulp, Transport, and Communication sectors, with decliners outnumbering advancers 1,880 to 1,704 and volatility easing to 29.67. The downturn followed a 0.95% drop to 62,673 on May 14, reversing gains of 0.44% on May 12 and 0.94% on May 13 that were fueled by all-time highs in Furukawa Electric (to ¥58,130) and Fujikura, plus Olympus's 19.83% surge. Extreme individual moves persisted, including DOWA Holdings (+16%) and double-digit plunges in Toppan Printing and SMC, alongside rising oil prices and a firmer USD/JPY at 158.44.