Japan’s Nikkei Slumps

Posted August 2nd, 2011 at 5:20 am (UTC-5)
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Japanese markets closed lower Tuesday, while the U.S. dollar is higher against the Japanese yen.

Tokyo's Nikkei index dropped nearly one and one-quarter percent to finish at 9,845.

In currency trading, the dollar was selling at 77.38 yen, a gain of nearly two-tenths of a yen from Monday.

Gold is trading at $1,625.50 an ounce.