A Japanese trader breaks down after his money vanished following major crashes in Japan’s Nikkei index.

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Japan’s Nikkei 225 plunged 3,643 points, or 5.96%, on November 6, its third-largest single-day point loss in history. The index briefly fell more than 4,300 points and closed below 60,000 for the first time since May. A video circulating on social media shows a Japanese man appearing devastated, with claims that he lost his trading money in the crash. However, his identity and losses have not been verified, and some online commenters claim the video may involve gambling losses rather than stock trading. The selloff followed a 5.5% Nasdaq plunge in the United States, driven by fears over AI valuations, data-center spending and tighter regulation.

https://www.ft.com/content/b77ebe43-a017-4e63-af84-5bdec8f47648

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