Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Nikkei 225 falls more than 5%, hovering near bear market territory, as Asia-Pacific sell-off continues
CNBC ^ | 8/4/2024 | By Lim Hui Jie

Posted on 08/04/2024 6:51:20 PM PDT by NohSpinZone

Asia-Pacific markets continued Friday’s sell-off as investors awaited key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.

At these levels, both the Nikkei and Topix are nearing bear market territory, having fallen almost 20% from their all-time highs on July 11.

Monday’s decline follows Friday’s rout when Japan’s Nikkei 225 and Topix fell more than 5% and 6%, respectively. The broader Topix marked its worst day in eight years, while the Nikkei marked its worst day since March 2020.

In early Monday trading, the yen also strengthened to its highest level against the dollar since January, and was last trading at 145.42.

On Monday, S&P Global will release service sector activity figures for countries around the region, including India and China.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: bidenomics; bonds; japan; nikkei; selloffs; stocks
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-91 next last
To: redgolum

Your post is nonsense, Trump literally challenged Harris to debate in Sept. Vance has been spot on. You post reads more like a demoralizing liberal troll than a freeper.


41 posted on 08/04/2024 8:02:11 PM PDT by Skwor
[ Post Reply | Private Reply | To 37 | View Replies]

To: NohSpinZone

Nasquack gonna be down over 500 tomorrow, Dow 1000+ down. Crypto is finished. WWIII more likely than any time since 1989. Strap in, folks!


42 posted on 08/04/2024 8:02:16 PM PDT by montag813
[ Post Reply | Private Reply | To 1 | View Replies]

To: SaveFerris

She needs to be linked with what is currently going on so her “I did that” picture needs to be put up too.


43 posted on 08/04/2024 8:05:13 PM PDT by moviefan8
[ Post Reply | Private Reply | To 26 | View Replies]

To: NohSpinZone

Many, if not most, of the corporate stocks are trading with a PE in the 60s. That can’t be maintained, I see a correction into the teens where it should be. At least that is where I positioned myself. We’ll see.


44 posted on 08/04/2024 8:06:58 PM PDT by JoSixChip (P.S. There’s a fed in that thread you’re in right now.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RummyChick

BTC taking a dump and even other followng coin taking a dump


45 posted on 08/04/2024 8:09:57 PM PDT by KC_Conspirator
[ Post Reply | Private Reply | To 11 | View Replies]

To: moviefan8

Or a “WE did that” meme.

She MUST be linked to Bye-DUNG!


46 posted on 08/04/2024 8:14:42 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
[ Post Reply | Private Reply | To 43 | View Replies]

To: NohSpinZone

that a commie like Kamala could even maybe become president should scare every capitalist in the world


47 posted on 08/04/2024 8:21:17 PM PDT by TexasFreeper2009
[ Post Reply | Private Reply | To 1 | View Replies]

To: VTenigma

Correct you are. Trump generated multiple TRILLION dollar deficits as well. He is not a fiscal conservative. But I like his policy of not getting involved in unnecessary foreign wars. Trump spent money for military, making it stronger, which prevented wars.


48 posted on 08/04/2024 8:29:24 PM PDT by Bobbyvotes (I will be voting for Trump/whoever he picks VP in November. If he loses in 2024, country is toast.)
[ Post Reply | Private Reply | To 30 | View Replies]

To: moviefan8

Harris needs one that says, “I do him”


49 posted on 08/04/2024 8:34:00 PM PDT by Fai Mao ( The US government is run by pedophiles and Perverts for pedophiles and perverts.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: NohSpinZone

I see the spooz - 0.8% right now. That’s not a big deal.


50 posted on 08/04/2024 8:38:29 PM PDT by xoxox
[ Post Reply | Private Reply | To 1 | View Replies]

To: NohSpinZone

Market is spooked and signaling Kamala Harris win in November.


51 posted on 08/04/2024 8:40:29 PM PDT by Bobbyvotes (I will be voting for Trump/whoever he picks VP in November. If he loses in 2024, country is toast.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: xoxox

SPX futures now down 1.5%


52 posted on 08/04/2024 8:41:45 PM PDT by Bobbyvotes (I will be voting for Trump/whoever he picks VP in November. If he loses in 2024, country is toast.)
[ Post Reply | Private Reply | To 50 | View Replies]

To: lightman

That would be better.


53 posted on 08/04/2024 8:41:58 PM PDT by moviefan8
[ Post Reply | Private Reply | To 46 | View Replies]

To: Bobbyvotes
The campaign hasn't even started yet. Harris can't hide forever, although the media will cover for her stupidity as much as they can. WWIII and a recession are the main causes of this "crash".
54 posted on 08/04/2024 8:50:43 PM PDT by Major Matt Mason (Where is the vaunted Q team?)
[ Post Reply | Private Reply | To 51 | View Replies]

To: NohSpinZone

Dow futures slide more than 300 points after Nasdaq falls into a correction: Live updates

The recent pullback in stocks was exacerbated Friday when a disappointing jobs report spurred investor fears the Federal Reserve made a mistake last week when it kept interest rates unchanged, and that the economy is headed toward a recession.
55 posted on 08/04/2024 8:50:57 PM PDT by Brown Deer
[ Post Reply | Private Reply | To 1 | View Replies]

To: NohSpinZone

We can only live on failed Harris Biden policies for long.


56 posted on 08/04/2024 8:52:25 PM PDT by KC_Conspirator
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bobbyvotes

Yup,I see that too. That’s not auspicious.


57 posted on 08/04/2024 8:52:28 PM PDT by xoxox
[ Post Reply | Private Reply | To 52 | View Replies]

To: Bobbyvotes

You are correct, very correct.


58 posted on 08/04/2024 8:53:09 PM PDT by KC_Conspirator
[ Post Reply | Private Reply | To 51 | View Replies]

To: Sarah Barracuda

Yep - Nasdaq futures are down around 2.5% as of Midnight Sunday


59 posted on 08/04/2024 8:54:10 PM PDT by reed13k
[ Post Reply | Private Reply | To 2 | View Replies]

To: Bobbyvotes
A little perspective can't hurt.


60 posted on 08/04/2024 8:57:16 PM PDT by xoxox
[ Post Reply | Private Reply | To 52 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-91 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson