Reported about 1 month ago
Asian stock markets faced significant declines, particularly in the technology sector, driven by fears of slower economic growth in the US. Key indexes like the MSCI Asia Pacific and Japan’s Nikkei saw sharp drops, notably affected by weak US job data and concerns over Federal Reserve interest rate decisions. Additionally, negative economic indicators from China raised worries about its growth targets, further souring market sentiment with several sectors experiencing losses.
Source: YAHOO