Market Gauge: Points and Islamic State

market gauge: On Thursday, the key market gauge lost 125.77 points, according to The Japan Times. The Topix, based on all first-section issues, was down 9.24 points, or 0.63 percent, at 1,459.07, after falling 11.23 points the previous day. The 225-issue Nikkei shed 91.21 points, or 0.49 percent, to close at 18,335.63, posting its lowest finish since Dec. 5 last year. The Nikkei average opened higher on the back of purchases linked to Friday's special quotation fixing to settle April options contracts. Selling outpaced buying as U.S. equities fell on Thursday on news that the U.S. military dropped a GBU-43/B Massive Ordnance Air Blast bomb, the most powerful conventional weapon held by the country, on Afghanistan in the fight against the Islamic State militant group. But the Nikkei turned lower soon. (news.financializer.com). As reported in the news.

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