Brutal selloff in Japan's $6 trillion stock market removes excess froth, causing stock prices to drop.

From Google: 2024-08-10 20:00:00

Japan’s $6 trillion stock market experiences a brutal selloff, removing excess froth from the market. Stocks tumble with the Topix index falling 0.6% and the Nikkei 225 Stock Average dropping 0.5%. Investors fear uncertainty about the global economy, including inflation and higher interest rates. Analysts predict a continued decline in stock prices due to growing volatility. This selloff has caused market participants to reassess their risk appetite and reevaluate market conditions.



Read more at Google: Brutal Selloff Skims Froth From Japan’s $6 Trillion Stock Market – Yahoo Finance