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Japan’s stock market fell 1,058 points amid global market slump, despite strong manufacturing growth.
Japan's stock market dropped 1,058 points, or 1.8%, on Monday, ending a four-day rally as global markets reacted to Friday’s Wall Street decline.
The Nikkei 225 fell to 57,791.89, with automakers, financials, and tech stocks leading losses, though energy and some tech firms rose.
Despite the drop, Japan’s manufacturing sector expanded faster in February, with the PMI rising to 53.0.
U.S. markets closed lower, driven by higher producer prices and AI-related job cuts, while global tensions in the Middle East weighed on sentiment.
The U.S. dollar held near 156 yen.
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El mercado de valores de Japón cayó 1.058 puntos en medio de la caída del mercado mundial, a pesar del fuerte crecimiento de la industria manufacturera.