TOKYO, March 31 – The Nikkei stock index briefly tumbled over 4 percent early Monday after plunges on Wall Street late last week on growing concern over a U.S. economic slowdown caused by President Donald Trump’s tariff policies.
At 9:22 a.m., the 225-issue Nikkei Stock Average lost 1,545.72 points, or 4.16 percent, from Friday to 35,574.61. The broader Topix index was down 108.32 points, or 3.93 percent, at 2,648.93.
A financial monitor in Tokyo shows the 225-issue Nikkei Stock Average briefly falling over 1,500 points on March 31, 2025. (Kyodo)
On the top-tier Prime Market, decliners were led by nonferrous metal, bank, and insurance issues.
At 9 a.m., the U.S. dollar fetched 149.61-62 yen compared with 149.75-85 yen in New York and 150.38-40 yen in Tokyo at 5 p.m. Friday.
The euro was quoted at $1.0822-0825 and 161.91-96 yen against $1.0828-0838 and 162.18-28 yen in New York and $1.0786-0788 and 162.21-25 yen in Tokyo late Friday afternoon.
