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Tesla Falls Again After J.P. Morgan Points to 'Unprecedented' Brand Damage
The Nikkei average fell sharply by 917 yen, closing below 34,000 yen for the first time in eight months on the afternoon of the 4th.
On the 4th, the Nikkei average stock price dropped significantly, closing at 33,780.58 yen, down 955.35 yen from the previous day, reaching its lowest level since August 5 of last year (31,458.42 yen) for the first time in about eight months. The TOPIX (Tokyo Stock Price Index) also fell sharply, down 86.55 points to 2,482.06 points, marking a significant decline for three consecutive days. The Nikkei average reached 32,259.76 yen at 1:56 PM, down 1,476.17 yen. On the local market in the USA on the 3rd, the contents of the mutual tariff policy of the Trump administration were.
The Nikkei average is down about 805 yen, weighed down by the decline in U.S. stocks in response to mutual tariff policies = 4 days ago in the morning session.
On the 4th at 10:04 AM, the Nikkei average stock price fluctuated around 33,930 yen, down approximately 805 yen from the previous day. At 9:48 AM, it fell to 33,811.30 yen, down 924.63 yen, breaking below the psychological threshold of 34,000 yen. On the 3rd, the US market saw a drastic decline in the NY Dow and the Nasdaq Composite Index, due to concerns over the content of the mutual tariff policy of the Trump administration, which raised fears of accelerated inflation and decreased consumption. Japanese stocks continue to be impacted by the performance of export-related companies.
Express News | Shares of Auto-related Stocks Are Trading Lower as Markets React to President Trump's Announcement of Sweeping Tariffs
U.S. Tariffs Could Have Been Worse for EU Autos, But Consensus Needs to Catch Up -- Market Talk
Trump's reciprocal tariffs take effect. Canadian Prime Minister responds: Will retaliate!
① Canadian Prime Minister Carney stated that the Canadian government will retaliate against Trump's Autos tariffs and provide support for affected workers. ② New Brunswick Premier Susan Holt announced that the province plans to financially support the affected Industry, boycott USA companies, and has stopped purchasing USA Commodities.
