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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.KS118002.T-JP8031.T-JP.AXJO.SPX.N225JPY=.HSI8058.T-JP8053.T-JP

Keywords: mitsubishi corpsumitomo corps&p 500 indexkospi indexusd/jpytaiwan weighted indexhang seng indexmarubeni corpmitsui & co ltdbusiness newsworld marketsnikkei 225 indexasia economymarketsbreaking news: markets

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


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