[Nikkei Index Drops 3% Dragged Down by Chip and Metal Stocks] According to Golden Finance, on July 28, following the overnight decline in U.S. tech stocks, Japanese stocks opened lower, with the Nikkei Index dropping 3%. Uncertainty surrounding the Iran conflict also weighed on the market. Chip and metal stocks led the decline. Advantest fell 8.0%, and Mitsui Kinzoku dropped 6.1%. After Saudi Arabia announced it had intercepted drones launched by Iran-backed militias in Iraq targeting its oil facilities, investors are closely monitoring crude oil prices and developments in the Middle East situation.