market gauge: On Thursday, the key market gauge lost 50.78 points. ; The Topix index of all first-section issues finished down 2.37 points, or 0.15 percent, at 1,631.45, after falling 0.56 point the previous day, according to The Japan Times. Selling outpaced buying after the dollar briefly fell below 110. The Nikkei 225 fell 76.93 points, or 0.38 percent, to end at 19,952.33. The dollar's weakness mainly reflected weaker-than expected readings in the U.S. Institute for Supply Management's nonmanufacturing business index for July, which came out Thursday after the Tokyo market closed, brokers said. The dollar's weakness may also have stemmed from a news report that U.S. Special Counsel Robert Mueller has impaneled a grand jury to investigate possible ties between President Donald Trump's election campaign team and Russia, said Chihiro Ota, general manager for investment research and investor services at SMBC Nikko Securities Inc. In addition, the market remained relatively quiet as investors retreated to the sidelines before U.S. government jobs data for July set to be released later on Friday, brokers said.
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