Nikkei down nearly 3% on Wall St. plunge, yen's recovery vs. dollar

Tokyo's Nikkei stock index ended down nearly 3 percent Wednesday, hurt by overnight plunges on Wall Street and the yen quickly recouping an earlier dive against the U.S. dollar, following strong remarks from Japan's finance minister.The dollar surged to near the psychologically important 145 yen line, a 24-year high, early Wednesday after stronger-than-expected U.S. consumer price index data on Tuesday fueled expectations that the Federal Reserve will likely continue raising interest rates aggressively to tame inflation.But it retreated to the lower 143 yen level after Finance Minister Shun…READ FULL ARTICLE