Japan's Nikkei slides on strong yen worries before Fed decision
- Posted on September 17, 2024
- By Business News Today
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Japan's Nikkei slides on strong yen worries before Fed decision
Japan's Nikkei share average dropped by 1% on Tuesday, impacted by concerns over a stronger yen and anticipation of a significant interest rate cut from the U.S. Federal Reserve. Technology giants and banks were among the biggest losers, with major companies like Tokyo Electron and SoftBank Group seeing notable declines.