Nikkei 225 and Topix plunge 6% on open, futures trading suspended due to circuit breake

[BumRushDaShow]

Source: CNBC

Updated Sun, Apr 6 2025 8:10 PM EDT


Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs fueled a risk-off mood.

South Korean markets led losses in the region in early trade. The Kospi index fell 4.68% at the open, while the small-cap Kosdaq fell 3.26%. Over in Japan, the benchmark Nikkei 225 and the broader Topix index were down over 6%.

Australia’s S&P/ASX 200 declined 2.75% at the open. The benchmark slid into correction territory with an 11% decline since its last high in February, in its previous session.

Futures for Hong Kong’s Hang Seng index stood at 22,772 pointing to a stronger open compared to the HSI’s last close of 22,849.81.

Read more: https://www.cnbc.com/2025/04/07/asia-markets-live-stocks-set-to-fall-on-trump-tariffs.html

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When "circuit breakers" start kicking in, it's not good.

[sakabatou]

1. IIRC, there are certain "breaks" where a stock cannot be traded if it goes below a certain range

[IronLionZion]

2. It's a regulatory safety measure put in after the 1987 Black Monday crash

https://en.wikipedia.org/wiki/Trading_curb

It's meant to limit panic selling causing a systemic market crash.

I'm sure it's just a very strange coincidence that the biggest market crashes happened under GOP presidents Hoover, Reagan, Bush, Trump, and Trump again.

[sakabatou]

3. I only know about it due to a single company: Color Corp.

And man is that company dirty.

[Bernardo de La Paz]

4. Nikkei now in bear market. Hang Seng down 11 to 12% (catching up, closed Friday). . . nt

[muriel_volestrangler]

5. Continuing in Europe (opened 45 minutes ago) - Euro Stoxx 50 was down 7.1%, now 6.7%

London's FTSE 100 was down 5.9%, now 4.5%.

[Javaman]

6. and here we go. the world following the fall. nt