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Japan's Nikkei logs worst day since 1987 Black Monday crash - TL;DR CNBC

Japan's Nikkei logs worst day since 1987 Black Monday crash

Publishing timestamp: 2024-08-04 23:48:00


Summary

Nikkei 225 experienced its worst day since "Black Monday" of 1987, erasing all gains for the year and confirming a bear market. Other Asian markets also saw significant losses, with circuit breakers being triggered. Concerns about global economy and recession fears led to sharp declines in US markets as well.


Sentiment: NEGATIVE

Tickers: .DJI,  .TWII,  .IXIC,  .KS11,  8002.T-JP,  8031.T-JP,  .AXJO,  .SPX,  .N225,  JPY=,  .HSI,  8058.T-JP,  8053.T-JP, 

Keywords: mitsubishi corp,  sumitomo corp,  s&p 500 index,  kospi index,  usd/jpy,  taiwan weighted index,  hang seng index,  marubeni corp,  mitsui & co ltd,  business news,  world markets,  nikkei 225 index,  asia economy,  markets,  breaking news: markets, 

Source: https://www.cnbc.com/2024/08/05/asia-markets.html


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