Nikkei 225 Index Drops 12.4% Amid Global Market Sell-Offs

Reported 2 months ago

Japan's Nikkei 225 index fell by 12.4% on August 5, 2024, marking a significant downturn in response to concerns over the U.S. economy's health following disappointing job growth data. The drop signifies a continuation of global sell-offs, with the broader TOPIX index also experiencing a steep decline. The unease extends to other markets, with major indices in South Korea and Taiwan suffering significant losses, reflecting a broader anxiety surrounding potential recession risks.

Source: YAHOO

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