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Nikkei Briefly Sheds over 1,100 Points

Nikkei Briefly Sheds over 1,100 Points

   Tokyo, Nov. 1 (Jiji Press)--Japan's benchmark Nikkei 225 stock average gave up over 1,100 points briefly Friday, mainly reflecting dampened sentiment following drops in U.S. technology shares the previous day.
   At the close, the Nikkei stood at 38,053.67, down 1,027.58 points, or 2.63 pct, from Thursday.
   A wave of selling that struck U.S. tech issues Thursday prompted selling of technology stocks on the Tokyo market Friday, with investors disappointed by earnings reports from U.S. giants Meta Platforms Inc. and Microsoft Corp.

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AFP-JIJI PRESS NEWS JOURNAL


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