Market Gauge: Points and Tokyo Stocks

market gauge: On Wednesday, the key market gauge rose 12.59 points. ; But the Topix ended down 2.07 points, or 0.12 percent, at 1,682.49, after gaining 0.10 point the previous day, according to The Japan Times. Buying outpaced selling from the outset of Thursday's session, after an overnight rise of U.S. equities, which were backed by strong readings of key economic indicators for the United States. The Nikkei 225 climbed 1.90 points, or 0.01 percent, to close at 20,628.56, the highest closing level since Aug. 11, 2015. But Tokyo stocks later fluctuated between positive and negative territory, caught in a tug of war between buying encouraged by the brisk economic condition in the United States and profit-taking, brokers said. The market's stalemate seems to have come after futures-led trading ran its course, said Tomoaki Fujii, head of the investment research division at Akatsuki Securities Inc. The Nikkei average managed to finish higher in thin trading, with its downside also supported by the yen's weakness against the dollar, market sources said. (news.financializer.com). As reported in the news.