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The Nikkei 225 Stock Average experienced a significant decline, falling by 3.5% amid escalating tensions in the Middle East and concerns in the technology sector, particularly chipmakers. The index's drop, diving 1,300 points, was influenced by geopolitical unrest following Israel's attack on Iran, which spurred widespread selling across Asian markets. The situation was exacerbated by weakness in high-tech shares, leading to a notable downturn in Japan's major stock market index.
Nikkei leads Asian market retreat as Middle East tensions flare: Asian stocks tumbled Friday, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle… https://t.co/c7699bUYrh #japannews #japantoday
Japan’s Nikkei Tumbles as Chip-Related Stocks, Middle East Tensions Weigh (Update 1) https://t.co/IhOlJgyITF
Nikkei ends down 2.7% as market rattled by Middle East tensions https://t.co/of7F62bs4V
