Japanese stocks dropped on the first trading day of 2019, as Apple Inc.’s outlook cut and weak economic data from the U.S. and China intensified global growth concerns. The blue-chip Nikkei 225 Stock Average slid nearly 3 percent, while the broader Topix index also fell sharply, with a group of electronics makers weighing the most. Japan resumed trading Friday after local markets were shut for four days for the New Year’s holiday.- Bloomberg


read more