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Nikkei 225 Falls Over 1,700 Points as Japan Stock Market Extends Selloff
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
The Nikkei 225 dropped more than 1,700 points in early trading, hitting an intraday low of 60,448.90 before trimming losses. The selloff was driven by weakness in semiconductor stocks, concerns over slowing AI-related demand, and fears of an unwind in the yen carry trade as the Japanese yen hovered near a 40-year low against the U.S. dollar. The decline followed sharp losses across Asia, with South Korea’s KOSPI also coming under heavy pressure after recent circuit breakers.
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