Losing Streak May Continue For Japan Stock Market
From Nasdaq: 2025-05-22 19:17:00
The Japanese stock market dropped almost 550 points over the past two sessions, with the Nikkei 225 now below 37,000 points and poised for further losses. Global markets are negative due to U.S. deficit concerns. The Nikkei fell 0.84% on Thursday, led by losses in financial, technology, and automobile stocks. Wall Street was mixed on Thursday, with the Dow closing flat, the NASDAQ rising, and the S&P 500 slipping slightly. Treasury yields have risen sharply on concerns about the Republican tax cut bill’s fiscal impact. Crude oil prices fell on reports of a potential third consecutive OPEC oil production surge. Japan will release April consumer price data today.
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