Japan’s stock market plunges over US economy fears

Category: Finance

Japanese stocks experienced a significant decline, with the Nikkei 225 index dropping 5.81% and the Topix index falling 6.14%. This downturn follows a drop in Wall Street shares due to concerns about the US economy and a stronger yen. The market sentiment is cooling following the Bank of Japan's rate hike and weak manufacturing data from the US, raising fears of a recession.

Keywords: Japanese stocks, Nikkei 225, US economy

Source: Al Jazeera

Update At: 8/5/2024

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