Nikkei Falls 6.0%, Posts Biggest Loss in 1.5 Years - WSJ — SkimNews
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- Nikkei fell 6.0%, posting its biggest loss in 1.5 years as Asian stocks braced for a selloff tied to a deepening AI rout.
- European stocks fell as a tech selloff and defence weakness weighed on shares, while the Swiss franc rose as investors sought havens.
Why it matters: At 6.0%, the Nikkei’s decline is the selloff’s clearest quantified measure, while falling European shares show the weakness extends beyond one market. The simultaneous rise in the Swiss franc adds a concrete second-order response: investors are seeking havens as technology and defence shares come under pressure.
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