Tokyo stocks tumbled on the first trading day of 2016 on Monday, with the Nikkei index ending down more than 3 percent, as a further decline in Chinese manufacturing conditions in December stoked ongoing concern about a slowdown in the world’s second-largest economy.
The 225-issue Nikkei Stock Average ended down 582.73 points, or 3.06 percent, from last Wednesday at 18,450.98, a roughly 10-week closing low. Tokyo markets were closed Thursday and Friday for the New Year holidays.
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