wall street: It climbed 16.70 points Monday, according to The Japan Times. Although stocks surged after the opening bell in the wake of Wall Street's continued advance, the market's topside soon grew heavy due to a dearth of strong buying incentives, brokers said. The key index lost 39.32 points, or 0.19 percent, to end at 20,844.45 after rising 95.38 points Monday. ; Meanwhile, the Topix, which covers all first-section issues on the Tokyo Stock Exchange, rose 1.55 points, or 0.10 percent, to close at 1,582.88. The Topix remained on the sunny side almost throughout the day. The key price gauge was forced to snap its three-day winning streak by falls in major issues, particularly Fast Retailing, its heavily weighted component issue, brokers said. But the Nikkei sank into negative territory after fluctuating around the previous day's closing level until midafternoon.
(news.financializer.com). As
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Tagged under wall street, component issue topics.