wall street: The key market gauge rose 195.04 points on Tuesday. ; The Topix index of all first-section issues closed 0.66 points, or 0.04 percent, higher at 1,490.35, after adding 11.66 points the previous day, according to The Japan Times. The market got off to a firmer start led by buying of domestic demand-related issues, despite an overnight drop on Wall Street that came as Beijing dampened expectations for progress in the U.S.-China trade talks by failing to confirm U.S. President Donald Trump's claim that Chinese officials made phone calls and proposed to resume the negotiations, brokers said. On the Tokyo Stock Exchange, the 225-issue Nikkei average edged up 23.34 points, or 0.11 percent, to end at 20,479.42. But the market soon lost steam, with investors refraining from active purchases given the uncertainties over the trade talks between the economic superpowers and the lack of fresh incentives, they noted. But they struggled for direction for the rest of the day's session. After briefly sinking into negative territory, both the Nikkei and Topix indexes turned buoyant in the midmorning.
(news.financializer.com). As
reported in the news.
Tagged under wall street, chinese officials topics.