US EditionJapan’s benchmark Nikkei 225 index soars more than 10% after plunging a day earlier
- Japan’s benchmark Nikkei 225 index soared more than 10% early Tuesday after a steep decline the previous day, impacting markets in Europe and on Wall Street.
- The Nikkei gained nearly 11% but fell back, trading 8.7% higher at 34,211.83 as investors sought bargains following a 12.4% drop.
- The market’s fluctuations raised fears reminiscent of the 1987 crash, highlighting concerns over a slowing U.S. Economy.
74 Articles
74 Articles
The Japanese stock market is in high demand, after yesterday's big losses, especially. Just before closing, there is a plus on the Nikkei index signs of almost 9 percent. As a result, the stock market seems to be calm somewhat. Yesterday, the Nikkei index had its worst day since Black Monday in October 1987, losing 12 percent of its value in one day. Japanese investors seemed concerned about the interest rate hike that the central bank had made …
After huge price losses were observed on many stock exchanges on Friday and Monday, the situation is easing. The Dax was also able to pick itself up again.
Japan’s Nikkei Stock Average: Japanese Shares Rebound Sharply after Biggest Sell-Off Since 1987 Black Monday Rout
TOKYO (Reuters) - Japanese stocks rebounded sharply in morning trade on Tuesday, after their biggest single day rout since the 1987 Black Monday sell-off in the previous session.
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