Tokyo stocks fall more than 3% after Fed taper move

Tokyo stocks fall more than 3% after Fed taper move

 

Tokyo (AFP) -x

 

Tokyo stocks plunged more than 3.0 percent on Thursday following a tumble in New York on worries over turbulence in emerging markets and the US central bank's decision to cut stimulus spending.

 

The Nikkei-225 index, which soared 2.70 percent on Wednesday, lost 3.22 percent, or 495.16 points, to 14,888.75 in early trade.

 

(Agence France-Presse, 30 Thursday January 2014 The Roman)