Tokyo’s Nikkei Closes Down More Than 1.6% on Tech Slump
Tokyo, Feb 24 (AFP/APP): Tokyo’s benchmark Nikkei index closed down more than 1.6 percent on Wednesday over inflation fears as a recent rise in yields of US Treasury bonds weighed on tech shares.
The Nikkei 225 index slipped 1.61 percent, or 484.33 points, to 29,671.70, ending below the psychologically important 30,000 mark. The broader Topix index was down 1.82 percent, or 35.28 points, at 1,903.07.
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