Japan's Nikkei drops 2.2% as chip and bank stocks slide
📡 Barrons · 1 min read ·
Part of composite article AI Spending Panic Wipes $1 Trillion Off Nasdaq as Investors Flee to Bonds View full article →
Japanese stocks fell in early trading on Friday, with the Nikkei index down 2.2%. The decline followed a drop in U.S. technology shares overnight. Investors remain worried about rising energy costs, which are pressuring chip and bank stocks in particular.