: On Wednesday, it dived 559.43 points, according to The Japan Times. The Topix ended down 17.46 points, or 1.24 percent, at 1,388.81, after losing 45.77 points the previous day. The Nikkei average fell 146.26 points, or 0.85 percent, to close at 17,044.99. Selling took the upper hand from the outset of Thursday trading, briefly pushing down the Nikkei average below 17,000 early in the morning session. The dollar fall was caused by weaker-than-expected U.S. economic data and dovish remarks by U.S. Federal Reserve Bank of New York President William Dudley, brokers said. Worries about deteriorated earnings at export-oriented companies weighed down the market due to the higher yen.
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