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Tokyo stocks plummeted Monday morning, with the key Nikkei average dipping below 9,500 at one point, as the tumble in European stocks Friday made investors nervous ahead of the restart of U.S. trading.

The 225-issue Nikkei average closed Monday’s session at 9504.41, resetting the postbubble closing low that was marked just five days ago. The close was down 504.48 from Friday.

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