Nikkei nosedives more than 500 points on plunges in global stock

Nikkei nosedives more than 500 points on plunges in global stock

TOKYO, Japan - The bulletin board of a brokerage in Tokyo shows the Nikkei index plunged 590.89 points as Tokyo stocks nosedived on Feb. 28 in tandem with a general fall in world stocks following a sell-off in the Shanghai stock market the previous day. The 225-issue Nikkei Stock Average shed more than 700 points at one point, more than the loss registered immediately after the Sept. 11, 2001 attacks on the United States, and closed 515.80 points, or 2.85 percent, lower at 17,604.12. (Kyodo)

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