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Nikkei Crashes 1000 Points, Tumbles Into Bear Market
Japan's Nikkei and the broader Topix indices fell over 1,000 points, or 5% in Tuesday morning trading to a 20-month low on the heels of the worst S&P 500 Christmas Eve crash on record. The Nikkei average hit an intra-day low of 19,138.88, or -5.09%, while the broader Topix was also around 5% lower. A few hours after the S&P tumbled over 2.7%, sliding into a bear market for the first time in a decade, Japan's Nikkei 225 - which had been sliding gradually for the past week - dropped sharply by over 3.2% at the open... ... becoming the latest index to tumble into a bear market, sliding over 20% from its October 2 peak. ... (full story)
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- upasna
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NotAtrader
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9jatrader
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Not-KPMG
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