TOKYO -- As anxiety spreads over the global economy and the end of quantitative easing in the U.S., investors are rapidly moving their funds from risky assets to government bonds, triggering a global stock sell-off.
The Nikkei Stock Average slipped 364 points from the end of last week to close at 14,936 on Tuesday after a three-day weekend, falling below the 15,000 mark for the first time since Aug. 8, when the U.S. began airstrikes in Iraq. Nine out of 10 stocks in the first section of the Tokyo Stock Exchange lost ground, with more than 200 hitting year-to-date lows.
