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Nikkei Drops 2.12% Amid Japanese Tech and Semiconductor Stock Sell-Off
Japan’s market lost over ¥24.96 trillion, or approximately $160 billion, in value as the Nikkei index dropped by 2.12 percent. The decline was driven by a heavy sell-off in semiconductor and technology stocks. This market slide follows sharp losses in Korea, where shares of both SK Hynix and Samsung experienced sell-offs.