Market Yardstick: Percent and Points

market yardstick: It was the key market yardstick's first finish below 21,500 since March 29. ; The Topix index of all first-section issues closed down 21.62 points, or 1.38 percent, at 1,550.71, according to The Japan Times. It plunged 27.51 points the previous day. The 225-issue Nikkei average fell another 200.46 points, or 0.93 percent, to end at 21,402.13, after sliding 321.13 points on Wednesday. The market took a dive right after the opening bell, as investors rushed to sell in the wake of the Office of the U.S. Trade Representative's posting of a notice to the Federal Register that the United States will raise tariffs on Chinese products worth 200 billion from 10 percent to 25 percent on Friday. Stocks accelerated their downswings later in the morning, with investor sentiment further dampened by U.S. President Donald Trump's reported comment that China broke the deal. In a quick response, Beijing said it was ready to retaliate. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.