Market Update: Nikkei Crashes 1000 Points, Tumbles into Bear Market

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.

Support Resistance
19135.35 19632.31
18981.84 19785.82
18733.36 20034.3
Key Trading Level: 19383.83