Nikkei Falls 7.8% to Lowest Level Since Oct 2023 as Markets Watch U.S. Tariffs Response

Nikkei Falls 7.8% to Lowest Level Since Oct 2023 arsenic Markets Watch U.S. Tariffs Response

The Nikkei Stock Average closed 7.8% little astatine 31136.58, its lowest level since October 2023.

The percent driblet was the biggest since Aug. 5. Financial stocks led the declines arsenic near-term prospects for further complaint hikes by the Bank of Japan dimmed.

Mitsubishi UFJ Financial Group fell 10%, portion Dai-ichi Life Holdings dropped 13%. The 10-year Japanese authorities enslaved output fell 5 bps to 1.110%.