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Wall Street fall puts investors in Tokyo in sour mood

Tokyo – Stocks in Tokyo fell Wednesday after an overnight drop on Wall Street, following lower-than-predicted US housing starts that pointed to a still-struggling housing market there.

Investors in Japan sold shares to lock in profits from the previous day’s one-month closing high as they worried that stock prices had risen faster than the pace of the economic recovery.

from http://www.nationmultimedia.com/worldhotnews/30114928/Wall-Street-fall-puts-investors-in-Tokyo-in-sour-m

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