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Japanese Stocks Again Fall Sharply

Japanese stocks sustained another day of huge losses Wednesday thanks to investor worries about the financial health of European banks ahead of key congressional testimony by the head of the U.S. central bank. One day after losing a staggering 918 points, or 5.40 percent, the Nikkei index dropped 372 points, or 2.3 percent, to end the day at 15,713.39, its lowest mark since October 2014. The Nikkei is down just over 10 percent this month, placing the index in "bear market"...

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