Japanese Market Tumbling 5%

Nikkei 225 tumbled about 5%, sliding to well below the 50,750 level as Japanese equities traded sharply lower on Monday, extending losses for a third session. The drop follows broadly negative cues from Wall Street and showed broad-based weakness across sectors, signaling a risk-off move in the domestic market.

Analysis

Nikkei 225 tumbled about 5%, sliding to well below the 50,750 level as Japanese equities traded sharply lower on Monday, extending losses for a third session. The drop follows broadly negative cues from Wall Street and showed broad-based weakness across sectors, signaling a risk-off move in the domestic market.