Chinese German: Points and Wall Street

chinese german: On Wednesday, the key market gauge advanced 199.69 points. ; The Topix index of all first-section issues finished down 15.65 points, or 1.04 percent, at 1,483.85, after rising 12.93 points the previous day, according to The Japan Times. The market dived immediately after the opening bell, hit by a flurry of sell orders in the wake of one of the worst sell-offs so far this year on Wall Street on Wednesday, in which the Dow Jones Industrial Average tumbled over 800 points. The 225-issue Nikkei average plunged 249.48, or 1.21 percent, to end at 20,405.65. The benchmark Nikkei average expanded its loss by some 400 points in the first 30 minutes. Fears of a global recession were fueled by dismal Chinese and German macroeconomic data released the previous day, brokers said. U.S. equities suffered heavy blows from the 10-year Treasury yield coming below the two-year rate, analysts said, pointing out that the yield curve inversion is regarded as a recession indicator. (news.financializer.com). As reported in the news.