Market Update: Nikkei Crashes 1000 Points, Tumbles into Bear Market
Arslan Butt • 1 min read
Japan’s stock market index Nikkei ( NKY ) fell over 1,000 points or 5% in Tuesday morning trading. With this, the index falls to a 20-month low on the back of the worst S&P 500 Christmas Eve collapse on record.
The Nikkei average hit an intra-day low of 19,117.96, or -5.01%, while the US index SPX trades at 2,342.25, plunging -2.95% for the day.
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