Nikkei Tumbles to 7-Month Low amid Stagflation Fears
Nikkei Tumbles to 7-Month Low amid Stagflation Fears
Tokyo, March 31 (Jiji Press)--Tokyo stocks fell almost across the board on Monday, amid growing concerns that U.S. President Donald Trump's tariff policy might lead to stagflation. The Nikkei 225 stock average plunged 1,502.77 points, or 4.04 pct, from Friday to close at 35,617.56, its lowest finish since Aug. 9 last year. The broader TOPIX index closed down 98.52 points, or 3.57 pct, at 2,6...
Tokyo, March 31 (Jiji Press)--Tokyo stocks fell almost across the board on Monday, amid growing concerns that U.S. President Donald Trump's tariff policy might lead to stagflation. The Nikkei 225 stock average plunged 1,502.77 points, or 4.04 pct, from Friday to close at 35,617.56, its lowest finish since Aug. 9 last year. The broader TOPIX index closed down 98.52 points, or 3.57 pct, at 2,6...