Live Update
From the Liveblog of
Wednesday, November 9, 2016
Asian shares tumble as Trump gains
Japan’s benchmark Nikkei 225 briefly plunges more than 6.1 percent as investors react to the prospect of a Trump presidency.
By late in Tokyo’s trading session, the Nikkei is down 5.2 percent, after the Kyodo News agency reports that top officials from the Bank of Japan, Finance Ministry and Financial Services Agency will meet later in the day to discuss how to respond to possible wild fluctuations in financial markets.
Japanese shares tend to gain when the yen weakens, since that can help manufacturers when they bring back profits from overseas.
— AP
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