The Nikkei has fallen 14% since its peak in June, a slide that has erased ¥147 trillion in total market value. This crash reverses a recovery on Tuesday, when Japanese stocks added $150 billion after a rally in US semiconductors boosted shares of Kioxia and SoftBank.
Friday, October 23, 2026
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Asian Markets Sink to 3 Month Low in $1 Trillion Selloff
Global Markets20 hours ago
Regional equities experienced a widespread decline on Thursday due to investors weighing earnings reports and escalating unrest in the Gulf. Six indices lost nearly $1 trillion in combined market value, driving Asian stocks to a 3 month low. In Japan, the Nikkei index plummeted 1.7%, wiping $110 billion, or ¥17.8 trillion, from the market in a session some participants are calling a "Black Thursday."
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