Roundup: Tokyo stocks close lower on U.S. inflation, recession concerns
TOKYO, July 12 (Xinhua) -- Tokyo stocks fell Tuesday snapping a three-day winning streak as investors opted for profits amid concerns over the future health of the U.S. economy and rising cases of COVID-19.
The 225-issue Nikkei Stock Average dropped 475.64 points, or 1.77 percent, from Monday to close the day at 26,336.66.
The broader Topix index, meanwhile, lost 31.36 points, or 1.64 percent, to finish a