Thursday, July 14, 2011

Nikkei opens lower after Moody's warning on US debt

TOKYO: The Nikkei average opened lower on Thursday shrugging off suggestions of further stimulus by the Federal Reserve, with the mood souring after Moody's said it may cut the U.S. triple-A rating, pulling the dollar below 79 yen.

The benchmark Nikkei lost 0.5 percent to 9,912.34, while the broader Topix shed 0.5 percent to 856.55. ' Reuters


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