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Tokyo Stocks Keep Bleeding on U.S. Inflation Woes

Tokyo Stocks Keep Bleeding on U.S. Inflation Woes

   Tokyo, May 13 (Jiji Press)--Tokyo stocks dropped further Thursday amid continuing bearish sentiment stemming from rising U.S. inflation worries.
   The Nikkei average of 225 selected issues listed on the first section of the Tokyo Stock Exchange plummeted 699.50 points, or 2.49 pct, to finish at 27,448.01, closing below the psychologically important threshold of 28,000 for the first time since Jan. 29. The key market gauge tumbled 461.08 points Wednesday.

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AFP-JIJI PRESS NEWS JOURNAL


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