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Tokyo’s Nikkei index ends more than 3% down on tech selloff

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Tokyo, Japan — Tokyo’s key Nikkei index tumbled more than three percent on Thursday, marking seven straight losing sessions, after the tech-heavy Nasdaq index plunged on Wall Street.
A higher yen also weighed on the Tokyo market as the Japanese currency surged to levels unseen since early April.
The benchmark Nikkei 225 shed 3.28 percent, or 1,285.34 points, to 37,869.51.
It was the biggest single-day point fall since June 2016 when British voters chose to leave the European Union.

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