FINANCIAL MARKETS : Tokyo Stocks Take Steep Dive
From Reuters
TOKYO —
Stock prices collapsed in late trading to close with the biggest one-day drop this year Thursday on selling linked to currency and interest rate worries.
The key 225-share Nikkei index plunged 489.90 points, or 1.47%, to close at the day’s low of 32,913.09, after gaining 189.44 points Wednesday.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.