Nikkei tumbles to 2 month low on intensifying geopolitical concerns

Tokyo stocks dropped 2.98 percent Friday, with the Nikkei index hitting a two-month low with concerns over possible airstrikes on Iraq by the United States.
The 225-issue Nikkei Stock Average ended down 454.00 points, or 2.98 percent, from Thursday at 14,778.37, its lowest finish since May 30.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 29.86 points, or 2.37 percent, lower at 1,228.26.
All sectors closed lower, led by nonferrous metal, precision machinery and consumer finance shares.
The turnover was 2567.8 billion yen (about 25.23 billion U.S. dollars).