Nikkei Briefly Plunges 3% on Higher Bond Yields, Middle East Conflict

Nikkei briefly plunges 3% on higher bond yields, Middle East conflict

Tokyo stocks plunged Wednesday, with the Nikkei index briefly dropping more than 3 percent, as Japanese government bond yields rose and inflation concerns grew after renewed U.S.-Iran clashes drove oil prices up.

Nikkei 225 Index analysis as Japan bond yields surge, Softbank stock plunges

The Nikkei 225 Index continued its strong downward spiral, reaching its lowest level since August 5 this year, and 11.80% from its highest point this year. This retreat happened as the US-Iran tensions and Japan’s bond yields continued the bull run. It slipped to 64,253 points, with most Japanese companies being in the red.Nikkei 225 Index as Japan bond yields jumpThe Nikkei 225 Index dropped, mirroring the performance of other global indices as…

Nikkei Crashes 2.7% As $202 Billion Wiped From Japanese Stocks

The post Nikkei Crashes 2.7% As $202 Billion Wiped From Japanese Stocks appeared first on Coinpedia Fintech News Japan’s Nikkei 225 plunged 2.53% to close at 64,536.79, erasing roughly ¥31.8 trillion ($202 billion) in market value, one of the region’s steepest single-session losses, driven by a heavy sell-off in tech stocks. The pressure spread across Asia. South Korea’s KOSPI Composite fell 2.41% to close at 6,671.12, weighed down by technology…