Dow Jones: Points Tuesday

dow jones: It jumped 24.93 points the previous day, according to The Japan Times. The Tokyo market got off to a robust start amid cheerful sentiment brought about by the U.S. Dow Jones industrial average rebounding sharply on brisk corporate earnings figures Tuesday to retake the 27,000 threshold for the first time in a month, brokers said. The 225-issue Nikkei average soared 265.71 points, or 1.20 percent, to end at 22,472.92, the highest closing level since Dec. 3, 2018, after shooting up 408.34 points Tuesday. ; The TOPIX index of all issues listed on the first section of the Tokyo Stock Exchange finished up 11.31 points, or 0.70 percent, at 1,631.51. Backed as well by the yen's drop against the dollar, the Nikkei gained more than 400 points in the first several minutes. Stocks gradually pared their gains for the rest of the day's trading, with investors refraining from buying actively also in view of a halt in the yen's decline following media reports that the Chinese government expressed strong indignation over the U.S. House of Representative's passage of a bill backing pro-democracy protesters in Hong Kong, brokers said. But the buying spree was short-lived, as the market soon saw profit-taking pressure build up. (news.financializer.com). As reported in the news.

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