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Reuters

Reuters

Japan's Nikkei sees biggest rout since 1987 Black Monday

Reuters
Summary
Nutrition label

76% Informative

The Nikkei share average shed a staggering 12.4% as Friday 's dismal jobs data heightened worries of a possible recession.

This was the index's worst showing in percentage terms since the 1987 Black Monday sell-offs.

The banking sector slumped 17% to become the worst sector among the Tokyo Stock Exchange's 33 industry sub-indexes.

Japanese Finance Minister Shunichi Suzuki said the government was monitoring markets with "grave concern".

VR Score

89

Informative language

97

Neutral language

18

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links