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Tokyo stocks open lower on profit-taking, oil price concerns
The Tokyo stock market opened lower on the 17th, with the Nikkei Stock Average falling 263 yen to 59,255, reversing the previous day's gains.
In the US stock market on the previous day, the Dow Jones Industrial Average rebounded, rising 115 points, while the Nasdaq Composite Index extended its winning streak to 12 straight sessions, reaching a fresh record high. However, Tokyo stocks opened lower as the Nikkei's sharp gains the previous day prompted profit-taking, while rising crude oil prices weighed on investor sentiment.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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