Markets tumble, led by 5.8% drop in Tokyo following a tech-driven retreat on Wall Street
Headline from KOB 4
World shares have tumbled, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy. The selloffs followed the release of weak data that raised worries the Federal Reserve may have missed its window to lower interest rates before undercutting econo…
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World shares have tumbled, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy. The selloffs followed the release of weak data that raised worries the Federal Reserve may have missed its window to lower interest rates before undercutting econo…
TOKYO (AP) — Japan’s benchmark Nikkei 225 index has dropped nearly 6% after a broad retreat on Wall Street. The decline was the worst for Tokyo since the worst pandemic selloffs of 2020. The drop of more than 2,000 points left the index where it was in mid-January, erasing huge gains that had taken …
By Laura He, CNN Hong Kong (CNN) — Japanese stocks plunged Friday as global markets were rattled by worries about the US economy and as traders braced for further interest rate hikes from the Bank of Japan. The Nikkei 225 ended 5.8% lower, the index’s biggest daily drop since March 2020.
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Markets tumble, led by 5.8% drop in Tokyo following a tech-driven retreat on Wall Street | Since Then
