Japan's Nikkei sheds 1.1 pct on U.S. fiscal concerns
TOKYO, Nov 8 (Reuters) - Japan's Nikkei average shed 1.1 percent in early trade on Thursday, hurt by downbeat investor sentiment on concerns that U.S. fiscal woes confronting President Barack Obama after his re-election could trigger a new recession. The Nikkei lost 98.23 points to 8,874.66, breaking below its 75-day moving average at 8,888.10, while the broader Topix index fell 1 percent to 737.83.
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