Stocks trampled, Nikkei tumbles past Black Monday milestone

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 34 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 181%
  • Publisher: 92%

Canadian News أخبار

Canada News,Breaking News Video,Canadian Breaking News

Japan’s benchmark Nikkei average closed 12.40% lower at 31,458.42, its largest one-day fall since October 1987, while the broader Topix lost 12.48% to 2,220.91

A man is reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan April 18, 2023. REUTERS/Issei Kato/File PhotoWall Street looked to follow a global stock rout with Japanese shares at one point exceeding their 1987 “Black Monday” loss, as fears of a U.S. recession sent investors fleeing from risk while wagering that rate cuts would be needed to rescue growth.

. Treasury bonds were in demand, with U.S. 10-year yields last down at 3.721%, the lowest since mid-2023. Schneller noted, however, that economic data like GDP and trade remained stable while the prospect of autumn U.S. rate cuts approached. Investors will get a read on employment in the service sector from the ISM non-manufacturing survey later on Monday and analysts are expecting a rebound to 51.0 after June’s unexpected slide to 48.8.

The dollar fell by as much as 3.28% against the Japanese yen to 141.675 but had recovered to 142.675 by 1142 GMT, while the euro dived 2.3% to 156.20 yen. The single currency rose against the dollar to $1.0952.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Morning Bid: Stocks reel on 'R-word' return, Nikkei dives 12%Whether the prospect of a U.S. recession is real or imagined, the mere return of the discussion has been enough to send world stocks and bond yields reeling ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

BlackRock bullish on U.K. stocks after elections, Japan stocks are top playBlackRock Investment Institute said in a mid-year outlook report that the prospect of higher-for-longer interest rates made inflation-linked bonds attractive
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Stock market today: Asian stocks mostly fall, Euro drop on French election outcomeHONG KONG (AP) — Asian stocks mostly fell Monday, with the Euro dropping on the shock French election outcome, while U.S. stocks rose to more records Friday ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »