Japan’s Nikkei 225 index plunges nearly 13% as world markets tremble over risks to the US economy
- Japan’s Nikkei 225 index plunged nearly 13%, falling 21% since early July, entering bear market territory, as reported on August 5.
- The TOPIX index also fell, reaching a decline of 7.8% before recovering slightly due to worries about the U.S. economy.
140 Articles
140 Articles
US stock futures plunge as recession fears grip global markets
US stock index futures plunged on Monday, with Nasdaq futures down almost 4 per cent, following warnings of a possible recession in the United States that sent shock waves across global markets. This was after sharp losses in Asian and European stock markets and a flight to safe-haven assets like bonds - which saw their yields plunge. Steep sell-offs in all major mega-cap and growth stocks pre-market trading had occurred, which propelled the ind
Wall Street plunges as US recession fears jolt global markets
Wall Street’s main indexes slumped on Monday, August 5, as fears of the United States tipping into recession following weak economic data last week rippled through global markets. Bourses from Asia to Europe took a beating and bond yields slipped as investors rushed to safe-haven assets and bet the US Federal Reserve would now need to cut interest rates aggressively to spur growth. The selloff was brutal, with the so-called Magnificent Seven gro…
Monday Blues for Asia's Stock Market: Japan's Nikkei 225 Index Falls 12.4%
El índice de referencia Nikkei 225 de Japón se desplomó un 12.4 por ciento este lunes en medio de una ola de ventas desatada por los temores acerca de la economía de Estados Unidos.El Nikkei cerró con pérdidas de 4.451,28 puntos, a 31.458,42. El índice más amplio TOPIX también cayó un 12.8 por ciento tras un repunte de las ventas por la tarde.Un reporte que mostraba que las contrataciones de empleadores de Estados Unidos habían bajado el mes pas…
Japan’s Nikkei Index Has Worst Day in Decades as U.S. Recession Fears Grow Among Investors
by Nicholas Ballasy According to the Associated Press, the Nikkei closed down 4,451.28 points at 31,458.42 on Monday after it went down 5.8 percent on Friday, marking the worst two-day decline ever. Japan’s benchmark stock index dropped 12.4 percent on Monday as investors’ concerns over a possible U.S. recession grow. The drop marked the worst day for the index since the 1980s. According to the Associated Press, the Nikkei closed down 4,451…
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