The Japanese Nikkei index hit a record high during trading on November 4th, reaching 52,636.87 points. Japanese stocks have seen sharp gains since Sanae Takaichi was elected Prime Minister last month, fueled by expectations of increased economic stimulus. However, the Nikkei index fell 3.2% to close at 48,702.98 points, marking its largest daily decline since April 9th. On Tuesday, the Japanese Nikkei index fell to its lowest level in over seven months as investors sold technology stocks following a sharp drop on Wall Street overnight. The broader Topex index declined by 2.9%. Seiichi Suzuki, chief equity market analyst at Tokai Tokyo Research Center, stated:...
