Wall Street: Points and Nikkei Briefly

wall street: On Wednesday, the key market gauge dropped 74.56 points. ; The Topix index of all first section issues fell 12.72 points, or 0.82 percent, at 1,541.50, after sliding 7.10 points the previous day, according to The Japan Times. The Tokyo market got off to a weak start, battered by profit-taking after a three-day advance through Tuesday and an overnight drop on Wall Street, brokers said. The 225-issue Nikkei average closed down 97.72 points, or 0.46 percent, at 21,032.00. It slowly slipped further into negative territory, pulled down by a tumble in Hong Kong stocks and the yen's appreciation. Hong Kong stocks were hurt by massive protests over a proposed law revision to allow extraditions to mainland China. The Nikkei briefly sank nearly 200 points. (news.financializer.com). As reported in the news.