Nikkei Within Breathing Distance of Bear Market Territory as Index Falls Below Key 13,000 Level

The Japanese Nikkei Index dropped below the key 13,000 level overnight as fears that the government's four-pronged stimulus program may not yield the results that were expected initially. The benchmark index dropped 0.79 percent overnight, closing just off of the lows of the day. Financials Hammered Financial stocks were notable laggards in