Japan’s Nikkei 225 fell 6.7% early Monday, extending losses from last week due to concerns over the U.S. economy dealing with high interest rates. The index later recovered some ground. The S&P 500, Dow Jones, and Nasdaq also experienced declines, amplifying fears of a potential recession in the U.S.
Sensex, Nifty break 5-day losing streak
The Volatility Index or VIX – the market’s fear gauge – plunged 10.3% to 13.52 on Monday, suggesting traders see lesser risks in the near