Nikkei logs biggest point fall in 30 yrs amid worsening virus fears

Tokyo stocks plummeted Friday on escalating fears about the coronavirus outbreak, with the Nikkei index finishing at its lowest level in over three years after briefly posting the biggest point fall in nearly three decades as global markets were routed.The index lost over 10 percent or 1,869.03 points at one point, the largest intraday point drop since April 1990 when Japan saw emerging signs of the bursting of the asset-inflated bubble economy.But a sharp rebound in U.S. stock futures eased worries about the market outlook moderately, helping lift the U.S. dollar against the yen to the mid…READ FULL ARTICLE