Japan Shares Post The Biggest Drop in 6 Months

Japanese stocks suffered their biggest drop in six months today, Thursday, to track down on Wall Street, as they were pressured by technology companies that took advantage of the recent rise in shares.

The benchmark Nikkei index fell 1.53% to 28,197.42 points, its biggest daily drop since July 31, while the broader Topix index fell 1.14% to 1,838.85 points.

The index of electrical appliances manufacturers on the Topix jumped 6.34% since the beginning of this year, while the Topix index gained 1.89%.

The US Federal Reserve kept interest rates unchanged and its bond-buying program, as was widely expected, and signaled the slowdown in the economic recovery in recent months.

This, along with the decline of Boeing aircraft manufacturer shares, caused US stocks to record the largest one-day percentage drop in three months on Wednesday.