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Japan’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.
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NECN broke the news in Newton, United States on Monday, August 5, 2024.
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