Economy
Nikkei Plunges Over 2% as Major Tech Stocks Weigh Heavily
Japan's Nikkei index fell more than 2% on May 11, driven by a sell-off in large-cap technology stocks amid global sector concerns and a strengthening yen. The broader Topix index also dropped over 1.5%. Analysts linked the decline to weak U.S. tech earnings and currency headwinds for exporters.