The Nikkei (NKY) takes yet another thrashing as uncertainty about the Fed's QE program continues...

|By:, SA News Editor

The Nikkei (NKY) takes yet another thrashing as uncertainty about the Fed's QE program continues to grip markets, plunging 6.4% to 12,445.38. That's the index's lowest level since April 3, the day before the Bank of Japan unveiled its turbo-charged stimulus plans. The Nikkei has plummeted almost 22% after hitting a multi-year high on May 23, officially putting it in a bear market.