Market Gauge: Points and States China

market gauge: Tuesday, the key market gauge edged up 15.64 points. ; The Topix index of all first-section issues finished down 6.33 points, or 0.41 percent, at 1,550.76, after rising 1.58 points the previous day, according to The Japan Times. After getting off to a firmer start, the market came under pressure of position-squaring selling by investors who were waiting to see the outcomes of the U.S. Federal Reserve's policy-setting meeting ending later in the day and the ministerial-level trade talks between the United States and China in Washington through Thursday, traders said. The 225-issue Nikkei average lost 108.10 points, or 0.52 percent, to end at 20,556.54. Few investors boosted trading today, said Yutaka Miura, senior technical analyst at Mizuho Securities Co. Ahead of the start of the two-day FOMC meeting, speculation grew that Fed policymakers would discuss slowing or ending the U.S. central bank's move to shrink its balance sheet. Players found it difficult to move before watching reactions of Wall Street and the currency market to the Fed's Federal Open Market Committee meeting, he added. (news.financializer.com). As reported in the news.

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