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Message: <blockquote data-quote="Truth Hurts" data-source="post: 30010395" data-attributes="member: 477372"><h3></h3><img src="https://dims.apnews.com/dims4/default/0b5ec04/2147483647/strip/true/crop/3968x2641+0+20/resize/320x213!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Ffc%2F5d%2F6ab38043ed68c15c2fc5772c1854%2F2cc7f6bd8e1049fba15ed3801026201c" alt="Image" class="fr-fic fr-dii fr-draggable " style="" />A monitor shows the Nikkei 225 stock index in Tokyo, Monday, Aug. 5, 2024, indicating at one point, over 2,537 points of lowering. (Shohei Miyano/Kyodo News via AP)Japan’s benchmark Nikkei 225 stock index plunged 12.4% on Monday, resuming sell-offs that are shaking world markets as investors fret over the state of the U.S. economy.The Nikkei closed down 4,451.28 points at 31,458.42. The market's broader TOPIX index fell 12.8% as selling picked up in the afternoon.Darkening the outlook for trading on Wall Street, early Monday the future for the S&P 500 was 2.4% lower and that for the Dow Jones Industrial Average was down 2.6%.A report showing hiring by U.S. employers slowed last month by much more than expected has convulsed financial markets, vanquishing the euphoria that had taken the Nikkei to all-times highs of over 42,000 in recent weeks.The Nikkei 225 dropped 5.8% on Friday, making this its worst two-day decline ever. Its worst single-day rout was a plunge of 3,836 points, or 14.9%, on Oct. 20, 1987, a day that was dubbed “Black Monday.” This Monday was gloomy enough: at one point, the benchmark sank as much as 13.4%.Share prices have fallen in Tokyo since the Bank of Japan raised its <a href="https://apnews.com/article/japan-economy-rates-boj-yen-e00919b053412fabf7a800ed78a9ad7a" target="_blank">benchmark interest rate</a> on Wednesday. The Nikkei is now down 3.8% from a year ago.[MEDIA=youtube]mF0WBpOoHCE[/MEDIA]<a href="https://www.wsj.com/finance/stocks/japan-stocks-fall-sharply-after-weak-u-s-jobs-data-yen-strengthening-3903689f" target="_blank">https://www.wsj.com/finance/stocks/japan-stocks-fall-sharply-after-weak-u-s-jobs-data-yen-strengthening-3903689f</a></blockquote>

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