3/4/2024, 12:22:03 pm

Japan's Nikkei drops 1% on Uniqlo owner tumble, Wall Street slide

Japan's Nikkei share average dropped 1% on Wednesday, weighed down by a fall in heavyweight Fast Retailing, owner of the Uniqlo store chain, and overnight declines on Wall Street. Tech stocks tracked a slide among U.S. peers, but a powerful quake that rocked Taiwan had only a limited impact on Japanese chip shares. The Nikkei lost 0.97% to 39,451.85 as of the close/