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Nikkei drops on chip sell-off and geopolitics
The Japanese Nikkei index declined by 1.3%, reaching 63,360 points, impacted by a drop in electronic chip company stocks and tensions between the United States and Iran. The session saw a nearly 3% drop, amid fears of inflation and escalating geopolitical tensions, which prompted investors to avoid high-risk assets. Washington launched new strikes against targets in Iran following threats from Trump, further intensifying tensions in global markets.
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