Nikkei Crashes 2.7% As $202 Billion Wiped From Japanese Stocks

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Japan’s Nikkei 225 plunged 2.53% to close at 64,536.79, erasing roughly ¥31.8 trillion ($202 billion) in market value, one of the region’s steepest single-session losses, driven by a heavy sell-off in tech stocks. The pressure spread across Asia. South Korea’s KOSPI Composite fell 2.41% to close at 6,671.12, weighed down by technology and export-heavy stocks. …