TOKYO -- Stocks in marine shipping companies fell across the board in Tokyo on Thursday, as reports of U.S. President-elect Donald Trump's plans for universal tariffs spurred investor concern over global cargo movements.
The Nikkei 500 marine transport subindex declined 5%, marking the sharpest drop among 36 industry-based subindexes. The overall Nikkei Stock Average slid by as much as 500-plus points during the session before ending down 376 points at 39,605.
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