News list for "Stock plunge"

On August 2nd, as investor sentiment was hit by a strong yen and concerns about the health of the U.S. economy, Japanese stocks fell sharply, with the benchmark Topix index extending its early-session decline to 5%, led by financial stocks. The index is down more than 10% from its peak in July and is set to enter a technical correction. "This looks like a serious forced sell-off," said Andrew Jackson, head of Japan equity strategy at Ortus Advisors Pte. "I can imagine that many platform-based po...

2024-08-02 00:38:50