interest rates: On Friday, the key market gauge gave up 68.55 points, according to The Japan Times. The Tokyo market was closed on Monday for a national holiday. The 225-issue Nikkei average fell 65.71 points, or 0.34 percent, to close at 19,455.88. The Topix index of all first-section issues ended down 2.43 points, or 0.16 percent, at 1,563.42, after shedding 6.84 points on Friday. The Nikkei average briefly shed more than 180 points in the early morning session, led by losses in insurers, banks and exporters. Stocks met with selling from the start of Tuesday's trading, following the Dow Jones industrial average's continued drop in New York on Monday and the dollar's fall against the yen on the back of lower U.S. long-term interest rates.
(news.financializer.com). As
reported in the news.
Tagged under interest rates, market gauge topics.