BUSINESS Tokyo stocks fell in morning as US rate cut expectations fade

BUSINESS

Tokyo stocks fell in morning as US rate cut expectations fade

Xinhua

11:30, June 26, 2019

TOKYO, June 26 ( Xinhua) -- Tokyo stocks fell Wednesday morning, tracking overnight declines in U.S. shares, after remarks by top Federal Reserve officials tempered expectations for near-term interest rate cuts.

VCG11468789189.jpg

(File photo: VCG)

The 225-issue Nikkei Stock Average shed 117.16 points, or 0.55 percent, from Tuesday to 21,076.65.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, was down 6.25 points, or 0.40 percent, at 1,537.24.

Decliners were led by rubber product, electric power and gas, and farm and fishery issues.  


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue