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Tokyo's Nikkei index dives 3% after global market slump

Summary by Inquirer
Tokyo, Japan — Tokyo’s Nikkei index shed more than three percent on Monday, after weaker than expected US jobs growth and speculation over a Fed rate cut caused global markets to slump. The benchmark Nikkei 225 was down 3.02 percent, or 1,098.77 points, at 35,292.70 in early trade, while the broader Topix index fell 2.67 percent, or 69.28 points, at 2,528.14. The dollar fetched 142.60 yen, against 142.29 yen on Friday in New York. “Japanese mark…
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