Daily Business Wrap: Not a merry Christmas for markets
Asian Stocks Drop After U.S. Rout as Bonds Rally
The Nikkei 225 Stock Average slid below the key 20,000 level for the first time since September 2017, as a global equity rout continued unabated in the last week of the year, with renewed turmoil in Washington rattling investors. The yen and Japanese bonds rallied.