Japan's Nikkei 225 Index closed 1.93% lower at 64,011.34 on September 11, snapping a two-day winning streak as higher crude prices and rising long-term interest rates triggered broad selling. The Topix Index fell 0.65% to 4,028.30, while the Nikkei briefly lost more than 2,000 points and reached its lowest level in about a month. Escalating hostilities between the United States and Iran, reports of Houthi control of Yemen's Red Sea port city of Mokha, and reports that Iran resumed ballistic missile production heightened concern that maritime disruption and energy inflation would persist. AI and semiconductor shares including Advantest, SoftBank Group, Tokyo Electron, Kioxia and Ibiden declined, though a pause in yen appreciation supported automakers and bank shares. Stronger-than-expected U.S. producer-price growth and higher U.S. yields reinforced worries that monetary tightening could weigh on economic activity and corporate earnings.