
Tokyo stocks experienced a decline in the morning session on August 21, 2024, influenced by a stronger yen and a dip in Wall Street. The Nikkei Stock Average fell as investors remained cautious ahead of revised U.S. jobs data. This follows a period of gains where Tokyo stocks had risen due to a weaker yen and positive sentiment from Wall Street. The previous day, the U.S. stock market concluded an eight-day winning streak, with the S&P 500 and Nasdaq indices snapping their rallies, which had been the longest since 2004. The S&P 500 closed down 0.20%, while the Nasdaq fell by 0.33%. Investors are now closely monitoring upcoming U.S. economic data and Federal Reserve minutes for further insights into market direction.






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Asia tracks #WallStreet lower as traders pause Fed-fuelled rally https://t.co/PULg3oycN7