Market: Points and u.s

market: On Wednesday, the key market gauge rose 89.20 points. ; The Topix index of all first-section issues edged down 5.20 points, or 0.32 percent, to close at 1,632.13, after gaining 9.88 points the previous day, according to The Japan Times. Stocks met with selling to lock in profits after the Nikkei gained nearly 600 points over the past three sessions through Wednesday, brokers said. The 225-issue Nikkei average fell 58.38 points, or 0.29 percent, to close at 19,807.44. But the market's downside was supported by buying from investors who took heart from the dollar's rise above 110 after hopes grew for U.S. tax reform, brokers said. The Tokyo market was also underpinned by brisk U.S. equities, brokers said. Expectations were boosted after U.S. House Speaker Paul Ryan said Wednesday that an outline of the much-awaited tax reform plan will be released in the week of Sept. 25, an official of a bank-affiliated securities firm said. (news.financializer.com). As reported in the news.