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Post by jeffolie on Nov 17, 2014 7:30:42 GMT -6
Nikkei Dives As Japan Slips Into Recession Nov. 17, 2014 The Nikkei Stock Average posted its biggest one-day drop since August after Q3 GDP data showed that Japan had slipped into recession. Following a severe contraction in Q2, GDP fell at an annualized 1.6% pace in the July-September quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election. The Nikkei, which previously surged to seven-year highs following the BOJ’s stimulus measures, closed down 3% at 16,973.80 on the news. seekingalpha.com/article/2687365-wall-street-breakfast-nikkei-dives-as-japan-slips-into-recession?ifp=0
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Post by jeffolie on Nov 17, 2014 8:10:27 GMT -6
Nikkei 225 16,974 -517 2.95%
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Post by jeffolie on Nov 17, 2014 9:29:40 GMT -6
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