strike deal: It advanced 7.01 points the previous day, according to The Japan Times. The Tokyo market tumbled right after the opening bell, as investors rushed to lock in gains in the previous day's rally in view of overnight drops in European and U.S. shares following U.S. President Donald Trump's Twitter feed blaming China for not having bought American farm products yet. The 225-issue Nikkei average fell 187.78 points, or 0.86 percent, to end at 21,521.53, after rising 92.51 points on Tuesday. ; The Topix index of all first-section issues closed down 10.44 points, or 0.66 percent, at 1,565.14. U.S.-China trade negotiations resumed in Shanghai on Tuesday, but Trump has refueled concerns that the two economies would fail to strike a deal to settle their dispute, brokers said. After exhibiting some resilience thanks to buybacks and a rise in U.S. Dow Jones industrial average futures in off-hours trading, the market went sideway in the afternoon with participants coming to sit on the fences to wait for the outcome of the U.S. Federal Reserve's two-day Federal Open Market Committee meeting through Wednesday, brokers said. Stocks bowed further to selling in the morning due also to sluggish performances of Shanghai and Hong Kong equities.
(news.financializer.com). As
reported in the news.
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