📱 Japan Shares Slide as Chip Stocks Tumble
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
What actually happened
Japans Nikkei plunged 2.97%, tracking Wall Streets technology sell-off as rising global bond yields and renewed Middle East uncertainty dampened risk appetite. Semiconductor stocks led declines, with Kioxia and Furukawa Electric falling over 10%. SoftBank also dropped sharply, while Mercari, Shiseido and Otsuka Holdings gained despite the broad market decline.
Key points
- Japans Nikkei plunged 2.
- 97%, tracking Wall Streets technology sell-off as rising global bond yields and renewed Middle East uncertainty dampened risk appetite.
- Semiconductor stocks led declines, with Kioxia and Furukawa Electric falling over 10%.
- SoftBank also dropped sharply, while Mercari, Shiseido and Otsuka Holdings gained despite the broad market decline.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
- #technology
- #global
- #market