Monday, January 21, 2008

Tokyo Markets Dives 3% Monday on Bush's Economics

Tokyo stocks dived Monday morning, with the key Nikkei stock index shedding over 3 percent, as investors remained skeptical whether a stimulus package U.S. President George W. Bush has unveiled can prevent a recession in Japan's largest export market.The 225-issue Nikkei Stock Average plunged 466.01 points, or 3.36 percent, from Friday to 13,395.2

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