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TSX:5803 9 March 2026

Tokyo Stock Market Today: Nikkei Tumbles 5% as Oil Shock Triggers Third-Biggest Point Drop

Tokyo Stock Market Today: Nikkei Tumbles 5% as Oil Shock Triggers Third-Biggest Point Drop

Tokyo’s Nikkei plunged 5.2% on Monday, closing 2,892.12 points lower at 52,728.72 after oil prices surged on escalating conflict involving Iran. The Topix dropped 3.8%. The yen weakened past 158.60 to the dollar and 10-year JGB yields hit 2.210% as investors sold off stocks, bonds, and currency. Prime Minister Takaichi said the government may act to offset rising fuel costs.

Stock Market Today

  • US Stock Market Faces Growing Crash Fears Amid Rising Oil Prices and Volatility
    March 29, 2026, 5:31 AM EDT. US stock markets experienced significant declines, with the S&P 500 down 1.74%, the Dow Jones dropping 469 points, and the Nasdaq Composite slipping 2.38%. Rising WTI crude oil prices hit $96.76, pushing inflationary pressure and investor anxiety higher. The 10-year Treasury yield climbed to 4.46%, while the VIX volatility index jumped nearly 9% to 29.88, signaling increased market stress. Technical indicators such as the S&P 500 Equal Weight Index flirting with its 200-day moving average point to weakening momentum. Cryptocurrencies also fell, with Bitcoin down 6% week-on-week. Despite long-term adoption growth, short-term sentiment remains cautious. Market breadth is weak, with less than half of stocks trading above key moving averages. Geopolitical tensions and rising costs from oil price surges contribute to growing uncertainty about the market's near-term trajectory.
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