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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (54868)10/31/2001 3:48:54 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Tokyo opens down
October 30, 2001: 7:55 p.m. ET

Consumer confidence worries and fall on Wall St. cause Nikkei slide.

NEW YORK (CNNmoney) - Tokyo stocks slithered down in early trade Wednesday following another day of falls on Wall Street amid heightening concerns over consumer spending ahead of the holiday season.

High-tech manufacturers, many of which largely depend on the U.S. market for sales, extended their losses. Consumer electronics giant Sony Corp. fell 2.53 percent to 4,630 yen.

The benchmark Nikkei average dropped 98.06 points or 0.93 percent to 10,414.76 in the first 10 minutes of trade.

The broader, capital-weighted TOPIX index was down 9.32 points or 0.87 percent at 1,058.44.

money.cnn.com