Japanese stock market declines, on Wall Street cues and stronger yen

08 April 2009 @ 05:54 am EDT

The stock market in Japan fell sharply on Wednesday, taking cues from Wall Street where the major indices declined for the second consecutive day traders expressed some anxiety about the upcoming earning season and stocks' ability to sustain the recent upward move in light of expectations of weak quarterly results. Strengthening of the local currency below the 100-yen mark also dragged the market down.

Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved

E-Newsletters

We value your privacy. Your email address will not be shared.