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Nikkei plunges 9.4 percent, biggest one-day fall since ‘87 October 8th, 2008 TOKYO (Reuters) - The Nikkei average plunged 9.4 percent on Wednesday, its biggest drop since the 1987 stock market crash, as growing fears of a global recession led investors to wipe $250 billion off the value of Tokyo shares. Toyota Motor Corp tumbled more than 11 percent on growing expectations that the crisis would bite deeper into its profits, while the yen hit a six-month high against the dollar,

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Nikkei plunges 9.4 percent, biggest one-day fall since ‘87