Nikkei Plunges to Briefly Slip below 50,000

HEADLINES

Tokyo, Nov. 5 (Jiji Press)–Japan’s benchmark Nikkei stock average plunged Wednesday, briefly slipping below 50,000 on an intraday basis for the first time since Oct. 27. The index finished at 50,212.27, down 1,284.93 points, or 2.49 pct, from Tuesday, after losing more than 2,400 points in the morning. The broader TOPIX index slid 41.85 points, or 1.26 pct, to 3,268.29. On the Tokyo sto…