The Japanese market has fallen sharply

The Japanese market has fallen sharply

(RTTNews) – Japan’s stock market was slightly lower in post-holiday trading on Tuesday, extending losses within the old three ranges, with the Nikkei 225 falling just below 38,700, following mixed signs from Wall Boulevard in a single day, with sooner or later most sectors led by heavy indices, financial stocks and skill stocks weaken.

The benchmark Nikkei 225 fell 520.51 points, or 1.33 percent, to 38,669.89, after earlier hitting a low of 38,654.82. Jap shares fell sharply on Friday earlier than Monday.

Market heavyweight SoftBank Neighborhood is losing more than 2 percent, while operator Uniqlo Speedily Retailing is down more than 1 percent. Among automakers, Honda is losing nearly 2 percent, while Toyota is up 0.2 percent.

Within the tech space, Advantest shed more than 6 percent, Tokyo Electron shed more than 2 percent, while Veil Holdings gained more than 1 percent

In the banking sector, Mitsubishi UFJ Financial is losing nearly 2 percent, Mizuho Financial is down 0.2 percent and Sumitomo Mitsui Financial is off more than 1 percent.

The biggest exporters fell sharply. Panasonic and Mitsubishi Electric lose nearly 1pc each, while Sony falls by more than 1pc, Canon gains 0.4pc

Among the various dominant losers, Furukawa Electric slips more than 5 percent, Socionext slips nearly 5 percent and Yaskawa Electric slips more than 4 percent, while Fujikura, Lasertec and Disco decline nearly 4 percent each. Mercari, Mitsubishi Heavy Industries, CyberAgent, Nissan Motor and Ebara fell by almost 3pc each.

In contrast, Ryohin Keikaku rises by more than 6pc, Pattern Micro advances by almost 4pc, M3 gains more than 3pc and Idemitsu Kosan adds practically 3pc

Inside the forex market, the US greenback is trading lower by 157 yen on Tuesday – swing.

On Wall Boulevard, stocks confirmed a needed move back to agreement early in Monday’s session, but rebounded against the course of the trading day. The S&P 500 successfully rebounded from the worst levels of the day and reached some territory, even as the Nasdaq remained inside the red.

The S&P 500 rose 9.18 points, or 0.2 percent, to 5,836.22, while the Nasdaq fell 73.53 points, or 0.4 percent, to a one-month low of 19,088.10. The narrower Dow, on the other hand, spent much of the day in limited territory before closing up 358.67 components, or 0.9pc, at 42,297.12.

Meanwhile, well-known European markets switched to regulation back on the day. While Germany’s DAX slipped 0.4 percent, Britain’s FTSE 100 and France’s CAC 40 fell 0.3 percent.

Crude oil costs rose sharply to a five-month high on Monday on execution risks after the US imposed sweeping sanctions on Russian oil exports, while a stronger dollar weighed further. West Texas Intermediate crude futures for February were up $2.25, or nearly 3 percent, at $78.82 a barrel.

The views and opinions expressed herein are those of the creator and producer, which no longer necessarily reflect those of Nasdaq, Inc.

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