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Asian stocks tumbled Friday, with Japan’s Nikkei slumping 3.5% on heavy selling of semiconductor-related shares and other market heavyweights. Japan’s benchmark Nikkei 225 plunged 3.51% to ...
Japan’s Nikkei 225 slumped 4.8% on worries the country’s incoming prime minister will support higher interest rates and other policies that investors see as less market-friendly. Shigeru ...
The recent drops in price have cooled a bit of the criticism that stocks had grown too expensive, but they won’t look cheap unless either prices fall further or profits jump higher.
Nikkei 225 Index. The Nikkei 225, or the Nikkei Stock Average (Japanese: 日経平均株価, Hepburn: Nikkei heikin kabuka), more commonly called the Nikkei or the Nikkei index [1] [2] (/ ˈ n ɪ k eɪ, ˈ n iː-, n ɪ ˈ k eɪ /), is a stock market index for the Tokyo Stock Exchange (TSE).
The Nikkei 225 was up 1.5% at 38,718.00. It has been hovering just below the record high of 38,957 that it set in late 1989 right before its asset price bubble imploded.
By August 1990, the Nikkei stock index had plummeted to half its peak by the time of the fifth monetary tightening by the Bank of Japan (BOJ). [2] By late 1991, other asset prices began to fall. Even though asset prices had visibly collapsed by early 1992, [2] the economy's decline continued for more than a decade.
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12]In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970.
In stock markets abroad, Japan’s Nikkei 225 added 0.5% and topped the 40,000 level for the first time. Elsewhere in Asia, the spotlight this week is on China’s National People’s Congress ...