Japan's Financial Markets Close on July 20 for Marine Day; U.S. Stocks Fall

According to Yonhapnews, Japan's financial markets closed on July 20 to observe Marine Day (a national holiday celebrating maritime heritage). The closure comes after a volatile week for Asian markets, with the Nikkei index declining over 2% on July 16 and dropping more than 4% on July 17. U.S. stock markets posted losses on the previous trading day, with the Philadelphia Semiconductor index falling 1.63%.
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