Japanese Stocks Slide 3% Amid Concerns Over US Economy

    https://www.bloomberg.com/news/articles/2024-09-03/japanese-stock-futures-slide-amid-concerns-over-us-economy?srnd=homepage-asia

    Posted by bloomberg

    18 Comments

    1. From Bloomberg reporters Winnie Hsu and Aya Wagatsuma:

      Japanese stocks headed for their worst slump since they entered a bear market a month ago, as a rout on Wall Street and a stronger yen damped demand for the nation’s major exporters.

      The blue-chip Nikkei 225 Stock Average declined as much as 4%, led by chipmakers such as Renesas Electronics Corp. after Nvidia Corp. extended losses in after-hours trading on news it received a subpoena from the US Justice Department. The Topix slid as much as 3.4%, with Renesas and Socionext Inc. tumbling more than 8%. Read the full story [here](https://www.bloomberg.com/news/articles/2024-09-03/japanese-stock-futures-slide-amid-concerns-over-us-economy?srnd=homepage-asia).

    2. Kooky_Lime1793 on

      Off topic but not really; does OXY have negative beta? It’s pretty low right now at $55 and change. Might be somewhere to park my money. 

    3. Eastern-Joke-7537 on

      LOTS of stock markets make sucker highs 34 years after the legit highs.

      Totally normal.

      Where is Nikkei Nana?

    4. WatchersProphet on

      Can tomorrow be Friday? My gains ate shit today almost had to be a smart gambler for a moment.

    5. Psychological-Touch1 on

      There are some shitty ass articles popping up. “Big money just bought Google!”

      Fine print: “…in Q2”

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