Nikkei Closes Down 9.6%
Stock markets in Asia plunged on Friday as investor sentiment
was battered by the overnight rout on Wall Street, by
confirmation that Singapore had slid into recession and by
news of a financial-sector bankruptcy in Japan.
In Tokyo, the Nikkei 225 index -- already shaken by a nearly
10 percent drop on Wednesday -- slumped another 9.6 percent
on Friday, closing at 8,276.43.
Read More:
http://www.nytimes.com/?emc=na
Stock markets in Asia plunged on Friday as investor sentiment
was battered by the overnight rout on Wall Street, by
confirmation that Singapore had slid into recession and by
news of a financial-sector bankruptcy in Japan.
In Tokyo, the Nikkei 225 index -- already shaken by a nearly
10 percent drop on Wednesday -- slumped another 9.6 percent
on Friday, closing at 8,276.43.
Read More:
http://www.nytimes.com/?emc=na
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