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.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters