: On Wednesday, it surged 455.02 points, according to The Japan Times. The Topix closed down 8.60 points, or 0.61 percent, at 1,392.10, after rising 40.47 points the previous day. The Nikkei lost 122.47 points, or 0.71 percent, to end at 17,041.45. The market opened weaker after U.S. equities retreated on Wednesday. Sluggish U.S. corporate earnings released Wednesday also pressured stocks in Tokyo, brokers said, briefly pushing the Nikkei down about 220 points. Investors were worried about an interest rate hike by the Federal Reserve in March as a Fed statement issued the same day after a policy-setting Federal Open Market Committee meeting maintained its bullish stance on the U.S. economy, brokers said.
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