Friday, July 29, 2011

Nikkei dips as US still in deadlock on debt woes

TOKYO: The Nikkei stock average slipped on Friday as the ongoing deadlock over raising the U.S. debt ceiling stokes risk aversion that could send the yen higher, taking the shine off a budding recovery in Japanese corporate earnings.

The benchmark Nikkei fell 0.1 percent to 9,888.77 while the broader Topix index fell 0.2 percent to 846.86. ' Reuters

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