Tokyo stocks plunge in Christmas rout

Tokyo stocks plunge in Christmas routTokyo stocks plunged on Tuesday as the few Asian markets open on Christmas suffered a holiday rout on fears about the US economy and a government shutdown in Washington. Tokyo markets, which were closed on Monday for a national holiday, plummeted at the open on Tuesday, with the Nikkei closing down five percent — over 1,000 points. It was the worst finish since April 2017 and followed a brutal holiday-shortened session on Wall Street that saw US stocks sink for a fourth straight session.

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