A more-than-yearlong rally in Japanese stocks, driven by the country’s depreciated currency, hit a wall at the end of the week. Japan’s Topix index, which includes companies that represent a broad swath of the Japanese economy, fell 6.1 percent on Friday, extending losses from the previous day....
It was the index’s worst two-day performance since the 2011 earthquake and tsunami....
The Nikkei 225 index fell 5.8 percent on Friday. Analysts noted a “ state of panic ” in Japanese markets after t
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2024-08-02 00:00:00.0