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Nikkei 225 Drops More Than 5% and Enters Technical Bear Market

Nikkei 225 Drops More Than 5% and Enters Technical Bear Market

Photo: TokenPost

Japan’s Nikkei 225 fell more than 5%, taking its decline from a June peak to 20% and placing the index in technical bear-market territory. The move signals a sharp selloff in Asian equities. The latest loss and the decline from June describe different spans of the retreat. The 5% figure captures the latest drop, while 20% measures how far the index has fallen from its June high. That comparison puts the current level in the context of the peak and marks the threshold behind the bear-market classification.

Source: TokenPost

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