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.
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