tokyo stocks: On Friday, the key market gauge rose 198.93 points. ; The Topix, which covers all first-section issues on the Tokyo Stock Exchange, finished 10.59 points, or 0.68 percent, lower at 1,555.51 after rising 13.50 points Monday, according to The Japan Times. It was the first drop in three market days. The Nikkei 225 average lost 124.56 points, or 0.60 percent, to end at 20,649.00. Both indexes moved in negative territory throughout the day, with market players taking a wait-and-see stance, brokers said. Tokyo stocks were also pressured by the yen's advance reflecting a recent report by The Wall Street Journal that the Fed is considering an early end to its balance sheet reduction, brokers said. Among the key overseas events are the U.S. Federal Reserve's two-day policymaking meeting starting Tuesday and ministerial-level trade talks between the United States and China in Washington on Wednesday and Thursday.
(news.financializer.com). As
reported in the news.
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