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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
JAPAN’S NIKKEI PLUNGES 3.5% AS FED RATE HIKE FEARS GROW Japanese stocks tumbled after hotter-than-expected U.S. inflation fueled expectations of higher interest rates. The Nikkei fell 3.5%, led by sharp losses in AI stocks: SoftBank -7.9%, Advantest -7.3% and Tokyo Electron -5.8%. Rising rate fears are putting renewed pressure on global tech stocks.
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