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Showing posts with the label Asian Markets at Close Report and U.S. Stock Market Indications.

Asian Markets at Close Report and U.S. Stock Market Indications - December 16, 2014: Japan stocks slide to six-week low as yen advances /Japan stocks slide to six-week low as yen advances

Japan stocks slide to six-week low as yen advances By LAURA HE ASIA MARKETS REPORTER HONG KONG (MarketWatch) — Japan stocks continued to slide on Tuesday, falling to their lowest settlement in more than six weeks, as the yen headed higher against the greenback. The Nikkei Average  NIK,  -2.01%   tumbled 2% to 16,755.32, marking its lowest closing level since the end of October. The broader Topix index  I0000,  +0.03%  declined 1.9%. Meanwhile, the yen  USDJPY,  -1.35%  a traditional safe-haven currency, traded substantially higher against the dollar at ¥117.30 from ¥117.82 a day earlier, as risk-aversion rose on the back of  plunging crude-oil prices . Among market movers, electronics giant NEC Corp.  6701,  -4.58%   sank 4.6%, console maker Nintendo Co., Ltd.  7974,  -3.96%  skidded 4%, industrial-robot manufacturer Fanuc Corporation  6954,  -2.98%   dropped 3%, and electronics maker Fujitsu Ltd.  6702,  -2.85%   gave up 2.9%. Other major Asian markets mostly