Back to a Sorry Future for the Nikkei

On Feb. 1, Japan's stock index fell below the Dow for the first time in 45 years. Don't expect things to change anytime soon

Here's a new market marker for the 21st century: Japan's once-mighty Nikkei has fallen below the Dow for the first time since 1957. The Nikkei 225-stock index closed on Friday, Feb. 1, at 9791.43, while the Dow Jones industrial average closed at 9920.00 on Thursday, Jan. 31, and remained above the Nikkei the following day, closing at 9907.26.

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