Nikkei 225 News Today, Nov 21: Tech Stocks Dive amid Inflation Concern
Today, the Nikkei 225 index stumbled by 2.4%, marking a challenging day for Japanese equities. Growing concerns about inflation, which exceeded forecasts at 3% last month, have spurred expectations of potential interest rate hikes from the Bank of Japan. This environment has hit tech stocks hard, driving significant losses. Major players like SoftBank, Advantest, and Tokyo Electron have seen harsh declines, reflecting investor apprehension about the broader economic implications.
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