Points Tuesday: Points and Wall Street

points tuesday: It gained 8.38 points the previous day, according to The Japan Times. The market started lower, battered by the drop on Wall Street. The 225-issue Nikkei average dropped 74.56 points, or 0.35 percent, to end at 21,129.72, after advancing 69.86 points Tuesday. ; The Topix index of all first section issues finished down 7.10 points, or 0.45 percent, at 1,554.22. The Nikkei soon recovered to the sunny side, thanks to buybacks, mainly of machinery-related stocks. The index, however, failed to extend gains and moved sluggishly around Tuesday's closing level before slowly slipping deeper into negative territory in afternoon trading. Brokers said that investors bought back such stocks after the Cabinet Office announced Wednesday morning that Japan's seasonally adjusted core machinery orders in April rose 5.2 percent from the previous month. (news.financializer.com). As reported in the news.

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