- Total News Sources
- 2
- Left
- 2
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 90 days ago
- Bias Distribution
- 100% Left
Nikkei 225 Plummets Over 12% Amid Market Turmoil
This week saw significant turmoil in global financial markets, highlighted by a historic selloff triggered by the unwinding of the yen carry trade and disappointing US labor data. The Nikkei 225 fell over 12%, marking its worst performance since 1987, while the S&P 500 and Dow also suffered significant losses. Investors are now cautious as they await critical US inflation data, which will provide insight into the Federal Reserve's next steps on interest rates. The volatility index (VIX) experienced its largest-ever intraday jump, reflecting heightened market anxiety. Despite nascent signs of stabilization, concerns about a potential US recession and broader geopolitical tensions persist.
- Total News Sources
- 2
- Left
- 2
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 90 days ago
- Bias Distribution
- 100% Left
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