Nikkei 225 Leads Downturn in Global Stock Market Crash

The post Nikkei 225 Leads Downturn in Global Stock Market Crash appeared first on Coinpedia Fintech News

Crypto markets plunged today following Wall Street’s worst day since August 5, driven by weak US data and falling oil prices, raising fears of a global slowdown. Japan’s Nikkei 225 dropped over 3%, with shares in Australia and South Korea also declining. Futures pointed to losses in Hong Kong, and US contracts edged lower in early Asian trading after the S&P 500 fell more than 2%, led by a tech stock plunge with Nvidia Corp. The S&P 500 and Nasdaq 100 saw their worst September starts since 2015 and 2002, respectively. Investors are now watching economic health closely amid stable inflation expectations.