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Nikkei drops 3.4 pct, below 9,000 after Wall St sell-off

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Nikkei drops 3.4 pct, below 9,000 after Wall St sell-off

Post by hlk Tue 09 Aug 2011, 08:14

TOKYO: The Nikkei share average dropped 3.4 percent on Tuesday, sinking below 9,000 for the first time since mid-March, after Wall Street fell 6 percent on growing fears of a recession and in reaction to the United States' loss of its triple-A credit rating. – Reuters

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