
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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