Japan: Nikkei Declines Most Since Black Monday in 1987
August 2nd, 2024Via: ZeroHedge:
Japan’s benchmark Nikkei Stock Average on Friday recorded the second biggest daily drop in its history, as stocks extended losses following a sell-off in New York overnight.
The index plunged to 35,909.70, down 2,216.63 points, or 5.81%, marking its lowest close since Jan. 26.
Friday’s decline was the second largest in the index’s history after the Black Monday crash of October 1987, when global markets sank and the index cratered by 3,836.48 points.
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