Hello, Moomoo users!Good job on the closing bell. Here is today's overview of the stock market. Thank you.
● The Nikkei average closed at 31,458.42 yen, down 4,451.28 yen from the previous trading day.
● Nikkei average enters a 'bearish market', wiping out this year's gains.
● Bank stocks continue to plummet significantly, with Mitsubishi UFJ Financial Group experiencing its largest decline rate to date - driven by awareness of declining long-term interest rates.
● Circuit breaker triggered in Nikkei average futures at Osaka Exchange due to rapid market fluctuations.
● Yen momentarily at 142 yen level, rising by 4 yen since morning, reaching the highest yen strength level in 7 months.
Bitcoin and Ethereum hit a several-month low amid concerns of a US economic slowdown.
Global bond markets erase the year-to-date decline - fears of deteriorating US economic outlook spreading.
Hot Stocks: $Nintendo (7974.JP)$、 $Toyota Motor (7203.JP)$、 $Mitsui Fudosan (8801.JP)$、 $Mitsubishi UFJ Financial Group (8306.JP)$、 $Sumitomo Mitsui Financial Group (8316.JP)$etc...