From Google: 2024-08-05 03:14:42

Japan’s stock market falls into bear territory as investors worry about the global economic outlook. The Nikkei 225 index drops by more than 20% from its peak. This comes amid concerns about rising inflation and the impact of the COVID-19 pandemic on the economy.

Berkshire Hathaway, led by Warren Buffett, holds a record amount of cash totaling $147 billion in the third quarter. The conglomerate has been conservative with its investments in the face of market uncertainty. Buffett has previously stated that he is willing to make big acquisitions if the right opportunity arises.



Read more at Google: CNBC Daily Open: Markets fall with Japan stocks in bear territory; Berkshire’s cash horde at record high – NBC Connecticut