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Aug 17, 2024 3:11 PM

Nikkei 225 Drops 1.28% As Japanese Markets Follow Wall Street's Downturn: US Futures Decline Amid BOJ's Interest Rate Policy

The Japanese markets opened on a negative note on Thursday, following the downward trend on Wall Street.

What Happened: The Nikkei 225 in Japan is trading at 34,641.15, marking a 1.28% decrease. The broader Topix also experienced a drop, falling to 2,472.97, a 0.65% decline.

U.S. stock market futures also took a hit on Wednesday evening. The S&P 500 futures slipped by 0.30% to 5,212, while the Nasdaq 100 futures fell by 0.41% to 17,880.50. This dip in futures trading follows a turbulent session on Wall Street, where stocks failed to sustain an early rally on Wednesday.

The S&P 500 closed 0.8% lower, ...