Japan's Nikkei Falls More than 6% as Asian Benchmarks Tumble After Wall Street Drop
The slide followed a Wall Street sell-off in artificial intelligence stocks, with the Nasdaq composite down 5.5% and Nvidia off 9.3%, traders said.
- Asian stock markets tumbled Friday following a widespread sell-off of AI-related stocks on Wall Street; Japan's Nikkei slipped 6.2% and South Korea's Kospi dropped 7.1%.
- The Dow Jones Industrial Average sank 3.4% Thursday, its worst day since President Donald Trump introduced Liberation Day tariffs in April 2025, driven by concerns that high borrowing costs for AI data centers may slow construction.
- Nvidia fell 9.3%, Advanced Micro Devices tumbled 17.3%, and GE Vernova sank 7.5%, as critics argued that AI-related stock prices had shot too high and were in a bubble.
- The 10-year Treasury yield fell to 4.84% from 4.90% late Wednesday as investors sought safer assets, while Brent crude gained 3.88% to $98.29 a barrel.
- Uncertainty persists regarding the war with Iran and the global energy industry, while market analysts note that a loss of more than 10% qualifies as a correction for stock markets.
24 Articles
24 Articles
Japan's Nikkei falls more than 6% as Asian benchmarks tumble after Wall Street drop
Japan’s stock benchmark tumbled more than 6% after trading opened Friday, and other Asian stocks also declined following a widespread selloff on Wall Street of shares related to artificial intelligence. Shares also sank in South Korea and Australia. The S&P…
Japan’s Nikkei falls more than 6% as Asian benchmarks tumble after Wall Street drop – WTOP News
TOKYO (AP) — Japan’s stock benchmark tumbled more than 6% after trading opened Friday, and other Asian stocks also declined following a widespread sell-off of issues related to artificial intelligence on Wall Street. Tokyo’s benchmark Nikkei 225 slipped 6.2% in morning trading to 57,271.19. Australia’s S&P/ASX 200 lost 0.7% to 9,003.40. South Korea’s Kospi dropped...
On Thursday, the New York stock markets also closed sharply lower.
TOKIO (AP) — Japan’s Nikkei stock market index plummeted more than 6% at the start of Friday’s sessions.
Japan's stock benchmark Nikkei tumbles more than 6% after trading
TOKYO (AP) — Japan’s stock benchmark Nikkei tumbled more than 6% after trading opened Friday. The decline follows a widespread sellout of issues related to artificial intelligence on Wall Street. The S&P 500 fell 4.4% Thursday for
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