Japanese stocks fell sharply due to U.S. tech sector selloff, raising concerns for a U.S. recession impacting global markets.

Japanese stocks fell sharply following a selloff in the U.S. tech sector, raising concerns about a potential recession in the United States. The downturn in American markets triggered a broader global decline, impacting investor sentiment in Japan. As a result, key indices in Japan experienced significant losses, reflecting the interconnectedness of global financial markets and the influence of U.S. economic conditions on international stocks.

September 04, 2024
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