Tokyo close six month lows following Wall Street's decline
Press Hub UCapital
Share:
The Tokyo stock market closed sharply lower, with the Nikkei index falling 2.17%, dropping below the 37,000-point mark for the first time since September. The decline was influenced by Wall Street's sharp drop, with both the S&P 500 and Nasdaq seeing significant losses. The sell-off was widespread, particularly affecting electronic and pharmaceutical stocks.
The ongoing global economic uncertainty, exacerbated by trade tensions and the upcoming employment data release, also weighed on other Asian markets, including Seoul, Sydney, Shanghai, and Hong Kong. The unstable global landscape is causing growing concern among investors, contributing to increased volatility in financial markets.
The ongoing global economic uncertainty, exacerbated by trade tensions and the upcoming employment data release, also weighed on other Asian markets, including Seoul, Sydney, Shanghai, and Hong Kong. The unstable global landscape is causing growing concern among investors, contributing to increased volatility in financial markets.