Global stock markets collapsed!
Stock markets in many countries plummeted! Circuit breakers!
Fear of recession exploded!
Asia-Pacific stock markets continued to plummet on Monday
As of the close, the Nikkei 225 index fell 4451.28 points
A drop of 12.40% to 31458.42 points
It had previously plunged 15%
Currently, the Nikkei 225 index has fallen 26% from its July high
Erased all gains in 2024 The Topix index fell 24% from its record level and entered a bear market, with multiple circuit breakers during the session
Bitcoin fell below $51,000 /coin
The intraday decline was 12.42%. As the Japanese stock market fell, other markets in the Asia-Pacific region also fell sharply. The Korean Composite Index fell more than 10% during the session. The circuit breaker was triggered during the session. The Singapore Straits Index fell by about 5% during the session. As global stocks fell, investors bought options to protect themselves from further selling. "We saw such a huge surge in volatility last Friday that it symbolized the end of the short-term negative trend in the stock market.' Steve Sosnick, chief strategist at Interactive Brokers, said, "But it doesn't necessarily tell you about the long-term cycle.