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MU $788.81 +0.75%
AMD $575.52 +2.10%

Data: Japanese and South Korean stock markets fell following the decline of U.S. tech stocks, with the Nikkei 225 index dropping over 2%

2025-11-21 08:14:48

According to Jinshi reports, the Asia-Pacific market opened lower on Friday, influenced by the decline in U.S. tech stocks, leading to diminished hopes for a Federal Reserve rate cut in December. The Nikkei 225 index fell over 2% at the start, with SoftBank Group's stock price dropping 8%; the South Korean KOSPI index's decline expanded to 4%, with Samsung Electronics down 5% and SK Hynix down 9%. Additionally, the latest employment report showed that the U.S. economy added 119,000 jobs, exceeding expectations.

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