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11/30/2004

Japan’s Nikkei crashes almost 1 percent by midday

MSN Money - Breaking News
TOKYO (Reuters) - Japan’s Nikkei fell almost 1 percent by midday on Tuesday after poor industrial output data sapped investor appetite for tech issues and as profit-taking hit recent gainers such as Nippon Steel Corp.

Data released just before the opening showed output fell 1.6 percent in October from a month earlier, far below economists’ expectations for a gain of 0.1 percent.

Posted by Taro in Business News, Stock Market |


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