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Nikkei Tumbles 1,811 Points on Middle East Tensions and US Tech Sell-Off

Guavy AI Editorial Team
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The Nikkei 225 plummeted by 1,811 points on July 24, closing at 64,611.15 as Middle East tensions and a sell-off in U.S. tech stocks triggered a sharp reversal.

Crude oil futures surged after U.S. President Trump's warning of military retaliation against Iran, with Brent crude breaching the $100 per barrel mark for the first time since May.

The sell-off was compounded by position adjustments ahead of critical earnings reports from key tech companies next week, including SK Hynix, Microsoft, Meta, and Kioxia.

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