TOKYO, April 16 (Xinhua) -- Tokyo stocks plunged on Tuesday, as technology issues tracked losses among their U.S. counterparts amid concern over higher borrowing costs.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 761.60 points, or 1.94 percent, from Monday at 38,471.20.
The broader Topix index, meanwhile, finished 56.09 points, or 2.04 percent, lower at 2,697.11.
Stocks were deep in negative territory throughout the day, with the Nikkei briefly tumbling over 2 percent, weighed down by the selling of technology issues after Wall Street declined as rising U.S. long-term yields stirred concern about higher borrowing costs, analysts said.
Among individual stocks, chip-making equipment maker Tokyo Electron fell 4.15 percent to become the biggest drag on the Nikkei, while chip-testing equipment maker Advantest shed 3.76 percent. ■
