Topix Index: Points and Investor Concerns

topix index: On Wednesday, the index dropped 66.07 points. ; The Topix index of all first-section issues closed down 33.14 points, or 2.11 percent, at 1,534.27, according to The Japan Times. It shed 1.33 points the previous day. The 225-issue Nikkei dropped 422.94 points, or 1.97 percent, to end at 21,046.24, after briefly falling below the 21,000 threshold for the first time since June 18. Sentiment was battered by the yen's rise and an overnight slide in U.S. stocks following U.S. President Donald Trump's threat to impose additional tariffs on imports from China, brokers said. The stock market was also weighed down by investor concerns about Japanese companies' earnings as Trump's remarks signaled that trade tensions between the world's two largest economies will not ease anytime soon, the brokers said. A fall in Shanghai stocks and selling by hedge funds of Nikkei futures contracts accelerated the drop in Japanese stocks, they said. (news.financializer.com). As reported in the news.