Japan’s Nikkei faces worst day in history ...News

Russia Today - Economy
Japan’s Nikkei faces worst day in history
source : Russia Today ( News ) () 46
Stocks on the Tokyo exchange have plummeted over recession fears in the US economy   Japan’s benchmark Nikkei 225 stock index suffered its biggest ever one-day loss on Monday as a global sell-off intensified amid fears that the US could be heading for a recession. The Nikkei plunged 12.4%, ending the day in Tokyo at 31,341.29. The loss of 4,451.28 points on the index was also the largest in terms of points in its entire history. The scale of the losses marked the worst day for the index since the “Black Monday” of 1987. The Tokyo Stock Price Index (Topix) also dropped by 12.23% on Monday. The decline on Monday fo

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