Nikkei reaches a minimum of three and a half years due to continued risk aversion

US, WASHINGTON (ORDO NEWS) — The Japanese Nikkei index hit a low since Wednesday, November 2016, as fears of an outbreak of coronavirus have overshadowed hopes that broad stimulus measures will help deal with the economic consequences of the pandemic.

Nikkei fell 1.7% to 16.726.55 points.

The wider Topix index rose 0.2% to 1,270.84 points, moving away from the nearly four-year low reached on Tuesday.

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