Japan's main stock index plunged to its lowest close in 2 1/2 years Thursday, as market anxieties were stirred by the dollar's dive against the yen and by persistent concerns about the U.S. economy.
The benchmark Nikkei 225 stock index tumbled 427.69 points, or 3.33 percent, to close at 12,433.44 on the Tokyo Stock Exchange. The figure set a new low for the year, and marked the index's lowest close since Aug. 31, 2005.
Shares dropped as the dollar fell precipitously close to the 100-yen mark. The greenback sagged to as low as 100.02 yen in the Asian trading session, its lowest level since hitting 99.94 yen on Nov. 10, 1995.
"The major reason of …
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