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Tokyo’s Nikkei drops over 1,000 points, most in three years

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Tokyo’s key Nikkei index saw its largest drop in more than three years on Friday, following reports that Israel carried out strikes on Iran and after chip giant TSMC spooked tech stocks.
The benchmark Nikkei 225 index ended down 2.66 percent, or 1,011.35 points, to 37,068.35, marking its largest fall in points since February 2021.
The broader Topix index fell 1.91 percent or 51.13 points to 2,626.32 yen.
Major high-tech and semiconductor shares fell sharply as shares of Taiwanese chip titan TSMC lost 4.

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