Nikkei 225 Index slips as Kioxia stock suffers a harsh reversal

The Nikkei 225 has fallen for two straight days, hitting 68,863 and dropping 5.5% from this week's high as fears of a technology bubble intensify. Key technology names are in the red, indicating broad risk-off sentiment and potential pressure on Japanese equities more generally.

Analysis

The Nikkei 225 has fallen for two straight days, hitting 68,863 and dropping 5.5% from this week's high as fears of a technology bubble intensify. Key technology names are in the red, indicating broad risk-off sentiment and potential pressure on Japanese equities more generally.