Japanese Stocks Decline as Hormuz Fears Amplify Risk-Off Mood

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Japanese stocks fell after Donald Trump’s threats of attacks on power plants around the Strait of Hormuz exacerbated market concerns over climbing oil prices and fueled risk-off sentiment.The Nikkei 225 fell as much as 5% to 50688.76 on Monday while the broader Topix slumped as much as 4.5% to 3447.34, heading for a technical correction. Tokyo’s market is catching up with global benchmarks after a public holiday on Friday.