Market Gauge: Points and Wall Street

market gauge: On Wednesday, the key market gauge dropped 112.54 points. ; Meanwhile, the Topix index of all first-section issues closed up 5.43 points, or 0.35 percent, at 1,543.20, according to The Japan Times. It retreated 4.95 points the previous day. The Nikkei 225 sagged 40.48 points, or 0.20 percent, to end at 20,402.27. The market got off to a higher start following a continued rise on Wall Street and maintained strength for a while. In afternoon trading, the key yardstick fluctuated narrowly around the previous day's closing level amid a dearth of fresh incentives, while the Topix remained in positive territory, brokers said. But hit by selling on a rally, the Nikkei sank into negative territory around midmorning. (news.financializer.com). As reported in the news.