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Stock Market LIVE | Japan’s Nikkei Recorded Biggest Loss |US Recession Concerns Shake Global Markets
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Japanese stocks have recorded their biggest losses since October 1987, extending last week’s sell-off spurred by concerns the United States economy may be weaker than previously thought.
The Nikkei share average was down 10.01 percent or 3,595.30 points to 32,314.40 in the early afternoon, its lowest in months.
US stocks sold off for a second straight session on Friday after a weak jobs report raised fears of an oncoming recession and expectations that the Federal Reserve will make a hefty rate cut in September. The prospect of lower interest rates weighed on the dollar, boosting the yen.
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The Nikkei share average was down 10.01 percent or 3,595.30 points to 32,314.40 in the early afternoon, its lowest in months.
US stocks sold off for a second straight session on Friday after a weak jobs report raised fears of an oncoming recession and expectations that the Federal Reserve will make a hefty rate cut in September. The prospect of lower interest rates weighed on the dollar, boosting the yen.
#sharemarkettoday #stockmarket #sensex #nifty #latestmarkettrends #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
n18oc_india
CNBCTV18 Live TV: Watch Business Live TV 24*7, Get the latest business news, live share market, stock market updates, Sensex, Nifty 50, and BSE/NSE updates.
#sensex #nifty #sharemarkettoday #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
---------------------------------------------------------------------------------------------------------------------
👑 Check Out Top CNBC TV18 Playlist Videos:
------------------------------------------------------------------------------------
You can also connect with CNBC-TV18 News Online
n18oc_business
About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.
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