Japan’s Nikkei 225 stock index sinks 8% in worst losses since 1987

Associated press relates that Japan’s Nikkei 225 share index plunged 8.1% on Monday on heavy selling triggered by worries the U.S. economy may be in worse shape than had been expected in the past.

This Nikkei index was down more than 2,900 points at 32,991.88 by mid-afternoon Monday in Tokyo. Also noted is that share prices have fallen in Tokyo since the Bank of Japan raised its benchmark interest rate on Wednesday.

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