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Asian shares drop after plunge in Big Tech stocks gives Wall St its worst day in months

TOKYO (AP) — Asian shares skidded Monday after worries about Big Tech investments and rising odds for an interest rate hike gave U. S. stocks their worst day since October. Japan’s benchmark Nikkei 225 dropped 4. 5% to 63,604. 15. The Japanese government revised the annualized economic growth rate to 1. 8% for the first quarter this year, down from an earlier estimate of 2. 1%. Despite Monday's dip, the Nikkei is still trading at double the levels the benchmark was at five years ago. Oil a...

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