Issue Nikkei: Points and Wall Street

issue nikkei: On Tuesday, the key market gauge shed 92.18 points. ; The Topix index of all first-section issues closed down 9.15 points, or 0.59 percent, at 1,534.34, after losing 4.25 points the previous day, according to The Japan Times. The market opened sharply lower, after Wall Street took a downturn Tuesday following remarks by senior policymakers of the U.S. Federal Reserve suggesting the possibility of the Fed refraining from cutting interest rates by a big margin next month, brokers said. The 225-issue Nikkei average sank 107.22 points, or 0.51 percent, to end at 21,086.59. But Tokyo stocks showed some resilience later in the morning, helped by a halt in the yen's strengthening against the dollar. Moves to dump issues that went ex-dividend Wednesday also weighed on the market, brokers added. In the afternoon, however, selling outpaced buying again as investors took to the sidelines ahead of a meeting between U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, to be held on the sidelines of the two-day Group of 20 summit starting in Osaka Friday. (news.financializer.com). As reported in the news.

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