Nikkei Index may fall due to rising energy prices and signs of a weakening US economy

Gelonghui March 9｜Japanese stocks may decline as the market worries about rising energy prices amid Middle East tensions and signs of weakness in the US economy. Nikkei index futures fell 7.3% to 51,520 points on the Singapore Exchange. The US dollar traded at 158.23 yen, compared to 157.82 yen at the close of the Tokyo stock market on Friday. Investors are closely watching developments in Iran, crude oil prices, and any measures the Japanese government may take in response to rising energy costs. The Nikkei index rose 0.6% on Friday to 55,620.84 points.