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Economy

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progree

(11,779 posts)
Mon Aug 5, 2024, 02:38 AM Aug 2024

Nikkei now down 25% from July 11 close, down more than 12% from Friday's close [View all]

Stocks trampled in stampede from risk, bonds eye rapid rate cuts. AP, 8/5/24 1235 AM ET
https://www.msn.com/en-us/money/markets/japan-s-nikkei-225-stock-index-sinks-nearly-13-as-investors-dump-a-wide-range-of-shares/ar-AA1oeJbk

https://finance.yahoo.com/
Ticker at top at far right, currently 31,458, down 12.4%

Closed Wednesday 7/31/24 at 39,102
so "current" 31,458 is down 19.5% from that

July 11 close was 42,224
so "current" 31,458 is down 25.5% from that
so definitely a bear market for them.
https://finance.yahoo.com/quote/%5EN225/history/

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Asian stocks tumble on recession fears; Japanese shares eye bear market
3 hours ago so 8/4 1107pm ET
https://www.msn.com/en-us/money/markets/asian-stocks-tumble-on-recession-fears-japanese-shares-eye-bear-market/ar-AA1oeFTs

Stocks trampled in stampede from risk, bonds eye rapid rate cuts, 138 AM ET 8/5/24
https://www.msn.com/en-us/money/markets/stocks-trampled-in-stampede-from-risk-bonds-eye-rapid-rate-cuts/ar-AA1oeXux

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