Official daily percentage change of the Topix index as reported by major financial news outlets like Bloomberg or Reuters

Japan's Nikkei 225 Soars 10.5%, Topix Climbs Over 10% After Near-Record Plunge

Aug 6, 2024, 01:20 AM

Japan's stock market experienced significant volatility, with the benchmark Nikkei 225 index surging as much as 10.5% early Tuesday, following a near-record plunge of 12.4% the previous day. The broader Topix index also climbed more than 10%. This dramatic rebound comes after the market's largest two-day drop in history, driven by concerns over the US economy and a stronger yen. The Nikkei 225 surged over 8.75% at the open. Traders have warned of continued extreme volatility in the coming hours.