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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%Dec 22 4:00 PM EST

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To: Gottfried who wrote (9389)4/11/2003 2:21:34 AM
From: StanX Long  Read Replies (1) of 95622
 
Tokyo's Nikkei Ends at 20-Year Low
5 minutes ago Add Business - Reuters to My Yahoo!

story.news.yahoo.com

TOKYO (Reuters) - Japanese stocks thudded to a 20-year closing low on Friday, with Toyota Motor Corp and other blue chips slammed on concerns over pension fund selling and sluggish demand in the global economy.

Auto giant Toyota, top retailer Ito-Yokado Co Ltd and other issues that have a relatively high weighting in corporate pension funds were among the biggest losers.

The Nikkei average slid 2.05 percent to 7,816.49, falling below the previous two-decade closing low of 7,862.43. The broader TOPIX index fell 1.28 percent to 782.25.

Toyota shed 3.85 percent to a seven-year low of 2,500 yen. Ito-Yokado tumbled 8.13 percent to 2,940 yen, its lowest close since November 1987.
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