Trading in Tokyo Suspended, Dow closed 7.3% lower

The Tokyo Stock Exchange was halted today because the benchmark Nikkei225 Index fell more than 10%. After two hours of trading at 11.00 a.m local time, the Nikkei fell 974.12 points or 10.6% to close at 8,183.37 points.

This was in response to the 7.3% fall in the US Dow Jones Industrial Average (DJI) last night and investors in Japan were running for their lives fearing that the financial crisis is far from over and may be extended further. The DJI closed at the day's low 8579.19 points after falling 678.91 points.

Just two days ago, the stock Exchanges in Moscow and Jakarta suspended their trading because of the same reason.

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