News Agency: Points and Wall Street

news agency: On Tuesday, the key market gauge lost 59.88 points. ; The TOPIX index of all first-section issues ended down 17.42 points, or 1.07 percent, at 1,617.90, after falling 3.95 points the previous day, according to The Japan Times. Stocks stayed in negative territory from the outset of Wednesday's trading, after the yen's strengthening against the dollar and the overnight fall on Wall Street, triggered by U.S. President Donald Trump's warning against provocative actions by North Korea. The 225-issue Nikkei average dived 257.30 points, or 1.29 percent, to close at 19,738.71, hitting its lowest finish since May 31. The yen rose further after the reclusive nation's state-run Korean Central News Agency said the country is considering striking areas around the U.S. Pacific territory of Guam, dealing an additional blow to sentiment in the Tokyo stock market, brokers said. Although concerns over North Korea-related news weighed on stock markets at home and abroad, it was only a cue for investors to rush to sell stocks, said Masayuki Otani, chief market analyst at Securities Japan Inc. A broad range of stocks met with selling, but some including nonferrous metal makers and energy-related firms jumped as investors welcomed their brisk earnings, supporting the market's downside to some extent, brokers said. (news.financializer.com). As reported in the news.

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