Nikkei logs biggest point fall in 8 yrs on tech sell-offs, firmer yen

The Nikkei stock index on Thursday logged its biggest single-day point fall in eight years and extended its losing streak to seven days, hit by sell-offs of technology issues tracking Wall Street plunges and a stronger yen pressuring exporters.The 225-issue Nikkei Stock Average ended down 1,285.34 points, or 3.28 percent, from Wednesday at 37,869.51, its lowest closing since April 25 and registering the largest point loss since June 24, 2016. The broader Topix index finished 83.26 points, or 2.98 percent, lower at 2,709.86.On the top-tier Prime Market, decliners were led by electric applian…READ FULL ARTICLE