Market Gauge: Section Issues and Relief Package

market gauge: On Tuesday, the key market gauge advanced 121.59 points. ; But the Topix index of all TSE first section issues closed up 0.72 point, or 0.04 percent, at 1,646.47, after an 8.50-point rise the previous day, according to The Japan Times. The Tokyo market succumbed to selling pressure from the opening bell, following the Wall Street slide triggered by U.S. President Donald Trump's order to cease negotiations on an economic relief package to address the coronavirus crisis. The 225-issue Nikkei average of the Tokyo Stock Exchange shed 10.91 points, or 0.05 percent, to end at 23,422.82. I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill, Trump wrote on Twitter. The Nikkei regained ground later in the morning and in late trading, but the rebound was not enough to bring the index above the previous day's close. Expectations for a stimulus package had been driving investors to buy stocks in the past several days. ( As reported in the news.

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