Japanese index had its worst day since 1987, after rate hike

Japanese index had its worst day since 1987, after rate hike

A day after falling 12.4 percent, the steepest drop since 1987, the Nikkei index, made up of the 225 largest companies on the Tokyo stock exchange, rebounded sharply in the first minutes of trading on Tuesday. Japan’s main stock index opened with a gain of 10.52 percent on Tuesday, reaching 34,353 points. If this rebound … Read more

Black Monday due to the fall of the Japanese stock market, latest news minute by minute

Black Monday due to the fall of the Japanese stock market, latest news minute by minute

U.S. bank stocks tumbled on Monday as fears of a recession prompted investors to flee a sector closely tied to the health of the economy and into safe haven assets. Citigroup CN led the big banks with a drop of about 5%. Wells Fargo WFC.N, Morgan Stanley MS.N and Goldman Sachs GS.N each lost about … Read more