Japan stock sell-off: The end of the beginning?

Past crashes suggest a 20% recovery ahead -- if the first wave of selling is over

20240809N Stock prices

Japanese stock prices have been trending down this month. (Photo by Yutaka Miyaguchi)

MASAYOSHI HARIMA, NQN staff writer, and HIONA SHIRAIWA, Nikkei staff writer

TOKYO -- Japanese stock prices are showing signs of bottoming out after more than a week of risk-off moves triggered by a July interest rate hike by the Bank of Japan and fears of a U.S. recession.

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