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Tokyo Stocks Plunge after Wall St. Tumble

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TOKYO , Japan (December 16th) – Tokyo stocks plunged Tuesday on selling –because of an overnight tumble of the US dollar on Wall Street and the yen’s firmness against it. The 225-issue Nikkei Stock Average lost 219.17 points, or 2.09%, to close at 10,271.60. The weak position of the Dollar has been feared for some […]

TOKYO , Japan (December 16th) – Tokyo stocks plunged Tuesday on selling –because of an overnight tumble of the US dollar on Wall Street and the yen’s firmness against it. The 225-issue Nikkei Stock Average lost 219.17 points, or 2.09%, to close at 10,271.60. The weak position of the Dollar has been feared for some time now; the plunge on the Tokyo exchange being considered a bad sign for future dealing in the currency. (MH) source: Kyodo News

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