Tokyo stocks end sharply lower on U.S., Europe rate hike fears

Tokyo stocks ended sharply down Friday, with the Nikkei closing at a one-month low, following sell-offs in international markets overnight on fears over the adverse global economic impact of monetary tightening by U.S. and European central banks.The benchmark Nikkei index lost 1,861.29 points in the five trading sessions through Friday, recording its largest weekly decline since March 9-13, 2020, when stocks plummeted in the early days of the coronavirus pandemic.The yen briefly plummeted against the U.S. dollar immediately after the Bank of Japan said it had decided to keep its ultraeasy m…READ FULL ARTICLE