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Global markets: Japan's Nikkei slumps, yen trades above 160 level on tech, Gulf concerns
Japan's Nikkei share average experienced its biggest drop in three months. The yen also weakened significantly against the dollar. Concerns over technology stock valuations and escalating Middle East hostilities impacted the market. This led to a sharp decline in Japanese equities. Investors are closely watching geopolitical developments and their economic consequences.
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adnkronos.com
Nikkei Briefly Sheds over 2,600 Points in Morning
Tokyo, June 8 (Jiji Press)--Japan's benchmark Nikkei 225 stock average briefly gave up over 2,600 points on Monday morning, reflecting a drop in the U.S. market late last week. At…
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apnews.com
Asian shares drop after plunge in Big Tech stocks gives Wall St its worst day in months
Asian shares have skidded after worries about Big Tech investments and rising odds for an interest rate hike gave U.S. stocks their worst day since October.
