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Nikkei Index Slides 1.7%, Tracking Wall Street’s Downturn
1 day ago /
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Author：小编
On March 13, during the morning trading session, the Nikkei index dropped by 1.7%, settling at 53,514.80 points. This decline was primarily driven by the previous day's losses on Wall Street and the persistent tensions in the Middle East. Chris Beauchamp, the Chief Market Analyst at IG, commented that as long as hostilities between the United States and Iran persist, the stock market will continue to face downward pressure. Traders have been offloading stocks during periods of rising oil prices and purchasing them when oil prices weaken. Notably, Honda Motor, Ebara, and SoftBank Group lagged behind the broader Nikkei index, with their shares declining by 5.1%, 5.0%, and 4.9%, respectively.
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