Japanese stocks closed lower on Tuesday, tracking down on Wall Street’s losses overnight, while investors are cautiously watching whether US projectors will be able to strike a deal on a stimulus package as the deadline approaches.<\/p>\n\n\n\n
The Nikkei index fell 0.44% to 2,3567.04 points at the close, while the broader Topix index lost 0.75% to 1625.74 points.<\/p>\n\n\n\n
Traders said that stock losses continued in the evening session as investors obeyed profit-taking operations, refraining from forming positions before important events, including the US elections and the results of companies at home and abroad.<\/p>\n\n\n\n
Overnight, the main indexes on Wall Street closed lower as US lawmakers began to find it difficult to reach agreement on a stimulus package.<\/p>\n\n\n\n
Speaker of the House of Representatives spokesperson Nancy Pelosi wrote on Twitter that Pelosi and Treasury Secretary Stephen Mnuchin “continued to narrow their differences” during a phone conversation.<\/p>\n\n\n\n
Pelosi said she was optimistic that a stimulus package bill would be passed before the November 3 election, but that an agreement should be reached by the end of Tuesday to achieve that.<\/p>\n\n\n\n
The shares were the highest gainers among the 30 largest stocks on the Topix Sony, which rose 1.83%, followed by Fanuc.<\/p>\n\n\n\n
East Japan Railway was the lowest-performing among the main stocks on the Topix, down 4.34%, followed by Central Japan Railway, which fell 3.23%.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japanese stocks closed lower on Tuesday, tracking down on Wall Street’s losses overnight, while investors are cautiously watching whether US projectors will be able to strike a deal on a stimulus package as the deadline approaches. The Nikkei index fell 0.44% to 2,3567.04 points at the close, while the broader Topix index lost 0.75% to …<\/p>\n","protected":false},"author":9,"featured_media":32943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,36],"tags":[6939,6971],"class_list":["post-35747","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35747"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35747\/revisions"}],"predecessor-version":[{"id":35748,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35747\/revisions\/35748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32943"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}