Major Losses on Japan’s Nikkei

Posted June 16th, 2011 at 5:50 am (UTC-5)
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Japanese markets closed lower Thursday, while the U.S. dollar is lower against the Japanese yen.

Tokyo's Nikkei index plunged nearly one and three-quarters percent to finish at 9,411.

In currency trading, the dollar was selling at 80.65, a loss of more than one-quarter of a yen from Wednesday.

Gold is trading at $1,524.80 an ounce.