No connection

Search Results

Markets Score 42 Bearish

Nikkei Retreats as Omicron Concerns Weigh on Global Sentiment

Apr 28, 2026 01:18 UTC
NKY, 9984.T, 7203.T, CL=F
Short term

Japanese equities declined on Monday, mirroring a broad sell-off in U.S. and European markets. Investors are weighing the impact of the Omicron variant on the pace of the global economic recovery.

  • Nikkei 225 closed down 0.68% at 27,839.92
  • SoftBank Group experienced a significant drop of nearly 8%
  • U.S. tech stocks led global declines with the Nasdaq falling 1.9%
  • WTI Crude oil dipped to $66.26 amid demand uncertainty
  • USD/JPY traded in the 113 yen range

The Nikkei 225 Index fell 189.65 points, or 0.68%, to close at 27,839.92, erasing gains from the previous session. The downturn follows a volatile Friday on Wall Street, where renewed fears regarding the potentially vaccine-resistant Omicron variant triggered a widespread retreat in risk assets. The sell-off in Tokyo was led by market heavyweight SoftBank Group, which plummeted nearly 8%. Other technology and industrial names faced pressure, with Advantest losing almost 2% and Screen Holdings sliding 1.5%. Automotive leaders Toyota and Honda both edged lower by 0.3%, while Sony declined by more than 1%. Global cues remained negative as the Nasdaq plunged 1.9% to 15,085.47 and the S&P 500 slid 0.8% to 4,538.43. European markets followed a similar trajectory, with the German DAX and French CAC 40 falling 0.6% and 0.4%, respectively. Commodity markets also reflected the uncertainty. WTI crude oil futures settled 0.4% lower at $66.26 per barrel as investors questioned the outlook for energy demand amid fresh pandemic restrictions. In the currency markets, the U.S. dollar maintained a trading range around 113 yen.

Sign up free to read the full analysis

Create a free account to unlock full AI-curated market articles, personalized alerts, and more.

Create Free Account Already have an account? Sign In
Share this article

Related Articles

Score 45

Market Weighs Historic Earnings Growth Against Iranian Geopolitical Risks

Apr 28, 04:05

Score 84 Bearish

Bank of Japan Holds Rates Steady as Middle East Tensions Fuel Inflation Fears

Apr 28, 03:34

Score 35 Bearish

ASX 200 Slips as Financials and Tech Drag Australian Equities Lower

Apr 28, 03:23

Score 48 Bearish

Asian Equities Slide as Inflation Fears Fuel Rate Hike Expectations

Apr 28, 03:03

Stay Ahead of the Markets

Join thousands of traders using AI-powered market intelligence. Get personalized insights, real-time alerts, and advanced analysis tools.

Get Started Free View Plans
Features Terminal AI Assistant Analysis Market News Pricing
Start Trading with AI Already have an account? Sign In
Home
Terminal
AI Chat
Markets
Profile