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Japan’s Nikkei Poised to Enter Bear Market as AI Selloff Deepens

Key Points

Japan’s Nikkei Poised to Enter Bear Market as AI Selloff Deepens Japan’s Nikkei 225 Stock Average is on track to enter a technical bear market as investors unwind artificial intelligence-related trades. The Nikkei has declined significantly since the end of June and is in danger of dropping 20% from its peak and falling into a technical bear market. The performance gap between the tech-heavy Nikkei and the broader Topix has widened the most in decades.

Japan’s Nikkei Poised to Enter Bear Market as AI Selloff Deepens Japan’s Nikkei 225 Stock Average is on track to enter a technical bear market as investors unwind artificial intelligence-related trades. The Nikkei has declined significantly since the end of June and is in danger of dropping 20% from its peak and falling into a technical bear market. The performance gap between the tech-heavy Nikkei and the broader Topix has widened the most in decades.
Japan (LOCATION) Enter Bear Market (ORG) Nikkei 225 Stock Average (ORG) Topix (LOCATION)
Originally published by Bloomberg Markets Read original →