Nikkei falls 1.5 pct, exporters down on U.S. econ

Tue Jun 24, 2008 10:07pm EDT
 
[-] Text [+]

(Updates to midday)

TOKYO, June 25 (Reuters) - Japan's Nikkei stock average fell 1.5 percent to a six-week intraday low on Wednesday, led down by blue chip exporters such as Canon Inc (7751.T) after the latest data provided more signals for an economic slowdown in the United States.

Trade was thin as investors held off bets ahead of the U.S. Federal Reserve's interest rate decision.

The benchmark Nikkei .N225 ended the morning down 204.59 points at 13,644.97. The broader Topix lost 1.6 percent to 1,327.10. (Reporting by Taiga Uranaka; editing by Sophie Hardach)

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better