Global Stock Markets Tumble Amid Rising Geopolitical Tensions
TL;DR Summary
Japan's Nikkei 225 Stock Average experienced its largest weekly drop since June 2022, falling 2.7% amid a global selloff in stocks driven by concerns over US interest rates and tensions in the Middle East. The index is approaching a technical correction, dropping 10% below its all-time high, and is now less than 1% away from that level.
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