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Stocks Plunge over U.S. Economy, Yen’s Appreciation; Volatile Price Moves May Continue

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By Daisuke Ichikawa and Eimi Sakurai / Yomiuri Shimbun Staff Writers

16:07 JST, August 3, 2024

The Nikkei-225 Stock Average posted the second-largest daily drop in its history on the Tokyo Stock Exchange on Friday, as investor sentiment rapidly cooled with growing concerns about the U.S. economy’s prospects and wariness over the yen’s appreciation against the dollar. Volatile price moves may ...

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