About: http://data.cimple.eu/news-article/d8869f2b48bf52e08758d84796041d544a0d3d00ab6d4503f987a76b

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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Tokyo's benchmark Nikkei index plunged nearly 2.5 percent on Thursday, extending a rout on Wall Street as US inflation data fuelled worries about a sudden shift in monetary policy. The Nikkei 225 index fell 2.49 percent, or 699.50 points to end at 27,448.01, its lowest closing figure since early January. The broader Topix index dropped 1.54 percent, or 28.91 points, to 1,849.04. Japanese shares opened sharply lower and extended falls throughout the day after inflation fears routed Wall Street equities, brokers said. A bigger-than-expected hike of 4.2 percent in consumer prices last month compared to April 2020 caused the Dow to close two percent lower amid concerns the Federal Reserve will end its easy money policies sooner than planned. "Japanese shares simply trailed the plunge in US shares," Yoshihiro Okumura of Chibagin Asset Management told AFP. "Bargain-hunting can emerge at this level of the Nikkei but investors remained nervous" and hesitated to buy on dips, Okumura said. "Trading is expected to remain volatile and cautious for now," he added. The dollar fetched 109.65 yen in Asian afternoon trade, compared with 109.63 yen in New York. In Tokyo, SoftBank Group dropped 7.76 percent to 8,467 yen even as it reported the best ever annual net profit for a Japanese company. NEC plummeted 14.04 percent to 5,140 yen after it forecast a sharp profit decline for the current fiscal year. Toyota was down 1.53 percent at 8,392 yen but Nissan rose 0.55 percent to 523.4 yen after it lost around 10 percent the previous day. E-commerce firm Rakuten slid 3.64 percent to 1,243 yen. Following the closing bell, the firm said it trimmed its quarterly loss. si/kaf/mtp
schema:headline	Tokyo's Nikkei closes down nearly 2.5% after US rout
schema:mentions	Closing Bell Nissan E-commerce Slid (Fluke song) Stock Toyota Agence France-Presse Federal Reserve Inflation United States dollar Japan Race and ethnicity in the United States Census New York City Shigeo Okumura NEC Yoshihiro Okumura Rakuten The Nikkei SoftBank Group Monetary policy Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-13 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	45 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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