Global Market: Japan’s Nikkei Falls 2% as Tech Selloff, Rising Oil Prices Fuel Inflation Fears
6 Articles
6 Articles
The Japanese indicator Nikki fell today on Monday, with continuing concerns about assessments in the technology sector ahead of significant financial results this week
Global Market: Japan’s Nikkei falls 2% as tech selloff, rising oil prices fuel inflation fears
Japans Nikkei 225 fell as US technology stock losses and rising oil prices heightened inflation and interest rate concerns. Semiconductor stocks led declines, while defensive and value shares offered potential support. Bank of Japan Governor Kazuo Ueda highlighted inflation near the 2% target, keeping monetary policy expectations in focus.
Japan's stock performance varied during the first session of the week, as investors continued to be concerned about the high ratings of technology companies' shares and artificial intelligence, prior to major business results. Markets are looking for the results of major companies, including American Mita and Japanese technology suppliers, looking for indicators to reassure investors about the usefulness of large investments in artificial intell…
Japan Stock Market Today: US Tech Rout And Oil Spike Hit Nikkei Again
The post Japan Stock Market Today: US Tech Rout And Oil Spike Hit Nikkei Again appeared first on Coinpedia Fintech News Japan’s Nikkei 225 fell 2% at Monday’s open, erasing roughly ¥23.5 trillion, or about $150 billion, in market value. The decline followed another selloff in US technology shares, which dragged on Japanese chip and electronics stocks with heavy exposure to the AI supply chain. Rising oil prices added to the pressure. Japan impor…
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