points monday: It slumped 10.59 points Monday, according to The Japan Times. The TSE opened lower after Wall Street turned down Monday following weak guidance from U.S. construction and mining equipment maker Caterpillar and chipmaker Nvidia. The Nikkei 225 average edged up 15.64 points, or 0.08 percent, to finish at 20,664.64 after falling 124.56 points Monday. ; The Topix, which covers all first-section issues on the Tokyo Stock Exchange, was up 1.58 points, or 0.10 percent, at 1,557.09. But both the Nikkei and the Topix erased their early losses in the afternoon, aided by dip buying, as well as speculation of ETF purchases by the BOJ, brokers said. In New York on Monday, Caterpillar and Nvidia came under heavy selling due to their earnings warnings partly reflecting the deceleration in the pace of China's economic growth. Today's Tokyo market almost mirrored what happened in New York yesterday in terms of the selection of shares to trade, an official of a Japanese brokerage firm said, pointing to the weakness of electronic parts and construction machinery makers.
(news.financializer.com). As
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