Major Sell-off on Global Markets: What Has Been Driving the Significant Decline?
The Nikkei Stock Average closed at 50,376.53 yen on the 14th, down 905.30 yen, marking a significant decline after three days of gains.
The Nikkei Stock Average closed at 50,376.53 yen on the afternoon of the 14th, marking a significant drop of 905.30 yen from the previous day and reversing gains for the first time in three days. (Provided by Wealth Advisor Co.)
Nikkei Falls 1.7% as Metals, Chip-Related Stocks Weigh -- Market Talk
The Nikkei Average fell for the first time in three days, as diminishing expectations for U.S. interest rate cuts weighed on the market at the opening on the 14th.
On the 14th, the Nikkei Stock Average opened 514.09 yen lower at 50,767.74 yen, declining for the first time in three days. On the 13th in the U.S., Cleveland Federal Reserve President Loretta Mester stated that it is necessary to maintain a tight monetary policy stance. Expectations for interest rate cuts receded, causing the NY Dow to fall for the first time in five days, while the Nasdaq Composite Index declined for the third consecutive day. The Tokyo market also followed the downward trend of U.S. stocks, with selling pressure dominating. The yen-denominated settlement value of the CME Nikkei 225 futures was...
The Nikkei Stock Average opened at 50,767.74 yen on the 14th, down 514.09 yen.
On the 14th, the Nikkei Stock Average opened at 50,767.74 yen, down 514.09 yen from the previous day. (Source: Wealth Advisor Co.)
Asia-Pacific Shares Set to Fall, Tracking Wall Street Declines as Tech Selloff Deepens