Dow Jones: Points and Market Gauge

dow jones: On Tuesday, the key market gauge jumped 164.67 points, marking its first finish above 17,000 since Sept. 7, according to The Japan Times. The Topix index of all first-section issues closed down 14.00 points, or 1.03 percent, at 1,342.35, after rising 5.74 points the previous trading day. The 225-issue Nikkei average gave up 184.76 points, or 1.09 percent, to end at 16,840.00. Selling took the upper hand from the outset, after the Dow Jones industrial average lost more than one percent on the New York Stock Exchange Tuesday. Investor sentiment was dampened further by a downturn in New York crude oil futures on reported remarks by Igor Sechin, president of major Russian oil company Rosneft, denying the possibility of the company immediately cutting or curbing oil production. The Wall Street plunge came as concerns over major U.S. firms' earnings were fueled by aluminum giant Alcoa announcement of its disappointing profit figures for July-September, brokers said. (news.financializer.com). As reported in the news.

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