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Nikkei 225 Slides 3.2% as Japan Stocks Lose $240 Billion in One Hour
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.
Japan’s stock market lost more than ¥39.4 trillion ($240 billion) in market value within an hour as the Nikkei 225 fell 3.2%, triggering a broad sell-off. Technology shares led the decline, with Kioxia dropping 12% after weakness in U.S. memory and semiconductor stocks spilled into Asian markets. Investors are assessing the impact of the sharp decline in chip-related shares, while markets will watch for signs of stabilization in upcoming trading sessions.
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