The Nikkei Stock Average JP:NIK -2.24% skidded 2.7% lower to 15,501.50, and the broader Topix slumped 2.3%, with stocks also hit as the U.S. dollar fell to around the 103-level against the yen, weaker than its level compared with the end of last week. Stock trading was closed Monday for a holiday. Bucking broader market losses Tuesday, shares of Suntory Holdings Ltd. JP:2587 +0.46% rose 1.1% following the company's plan to buy spirits maker Beam Inc. BEAM -0.08% in a deal worth $16 billion. Beam's lineup includes Jim Beam, Maker's Mark and Sauza tequila.
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