Nikkei suffers biggest loss since Trump's election

Stocks sank deeper into negative territory on the Tokyo Stock Exchange Wednesday, with investor sentiment hurt by an overnight sell-off on Wall Street and the yen's sharp appreciation against the dollar. The 225-issue Nikkei average tumbled 414.50 The key price indicator suffered the biggest closing loss since Donald Trump's victory in the U.S. presidential election in November last year. On Tuesday, the Nikkei average shed 65.71 points. The Topix index of all first-section issues closed down 33.22 points, or 2.12 percent, at 1,530.20, after losing 2.43 points the previous day.