Business News

Tokyo stocks drop by break as investors eye Fed meeting

TOKYO, March 16, (APP/AFP) – Tokyo stocks
slipped Wednesday morning as investors focus on a Federal Reserve meeting, after Japanese policymakers held off unleashing more stimulus despite a downturn in the economy
The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 0.38
percent, or 65.70 points, to 17,051.37 by the break.
The broader Topix index of all first-section shares was down 0.36
percent, or 5.00 points, at 1,367.08.