Japan's Nikkei Drops as Wall Street Declines Raise Growth Concerns

Reported 9 days ago

Japan's Nikkei share average fell sharply on Wednesday, mirroring declines in Wall Street amid worries about slowing economic growth due to the escalating trade war between the U.S. and China. The index decreased by 2.62% to 32,147.04, recovering from an earlier drop of almost 4%, while the Topix fell 2.1%. Investors are uncertain about further declines, although recent lows may appear attractive. The technology sector led losses, and a stronger yen against the dollar impacted exporters negatively.

Source: YAHOO

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