S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The Nikkei 225 Index dropped 2.5% to below 64,600 while the broader Topix Index fell 1.6% to 4,115 on Wednesday, with the Nikkei hitting four-week lows as surging global bond yields and oil prices weighed heavily on equities. Oil prices climbed for a third consecutive session amid escalating hostilities between the US and Iran, heightening inflationary risks and driving global bond yields higher. Japan’s 10-year government bond yield reached 3% for the first time since 1996, also supported by growing expectations for a Bank of Japan interest rate hike this month. Tech and AI-related stocks led the decline, with notable losses from Kioxia Holdings (-1.1%), Advantest (-2.3%), Fujikura (-1.4%), Tokyo Electron (-4.6%) and SoftBank Group (-4.6%). Financial, consumer and industrial stocks also recorded sharp declines.
