Japan’s Nikkei stock index falls more than 1,000 points — about 4.4 percent

FAN Editor

Japan’s benchmark Nikkei 225 index fell more than 1,000 points early on Tuesday, tracking steep losses seen overnight on Wall Street.

On Tuesday, the Nikkei was lower 4.41 percent, or 1,000.19 points, at 9:08 a.m. HK/SIN, after recording losses of more than 1,100 points earlier in the session. The losses followed a massive U.S. sell-off on Monday, which saw the Dow Jones industrial average break below the 25,000 level and erase gains made by the index this year.

The broader Topix index was last down 4.48 percent.

The Nikkei’s losses on Tuesday extended the index’s more than 1.5 percent declines in the Monday session.

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