News Report: Points and Manufacturing Index

news report: On Tuesday, the key market gauge rose 4.97 points. ; On the other hand, the Topix index of all first-section issues closed down 3.98 points, or 0.26 percent, at 1,506.81, after gaining 5.58 points the previous day, according to The Japan Times. The Tokyo market got off to a sluggish start, battered by an overnight drop in U.S. stocks due to uncertainties over U.S.-China trade talks and the American economy, brokers said. The 225-issue Nikkei average advanced 23.98 points, or 0.12 percent, to end at 20,649.14. Such uncertainties were fueled after a news report that Washington and Beijing are struggling to set the date for a planned meeting in September and after the announcement of a lower-than-expected manufacturing index for August by the U.S. Institute for Supply Management, they said. The Nikkei mostly remained in positive territory in the afternoon, also helped by the strength of Dow futures. The Nikkei then managed to rebound into the sunny side, supported by rises in Shanghai and Hong Kong stocks, as well as a rise by Fast Retailing, a heavily weighted component of the key index. (news.financializer.com). As reported in the news.

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