Tokyo stocks drop in morning on concerns over U.S. stimulus

Source: Xinhua| 2020-10-20 12:15:10|Editor: huaxia

TOKYO, Oct. 20 (Xinhua) -- Tokyo stocks lost ground Tuesday morning on continued concerns that consensus on a much-needed coronavirus-related stimulus package for the virus-hit U.S. economy might not be found prior to the U.S. presidential election on Nov. 3.

The 225-issue Nikkei Stock Average dropped 74.64 points, or 0.32 percent, from Monday to 23,596.49.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 6.38 points, or 0.39 percent, at 1,631.60.

Mining, land transportation, and oil and coal product-linked issues comprised those that declined the most by the morning break. Enditem

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