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Japanese Market Loses

(RTTNews) - The Japanese stock market is losing on Tuesday following the mostly negative cues overnight from Wall Street amid worries about the rising number of coronavirus cases worldwide and U.S.-China tensions. California Governor Gavin Newsom has rolled back the state's reopening following a recent spike in coronavirus cases.

The benchmark Nikkei 225 Index is down 148.57 points or 0.65 perent to 22,636.17, after falling to a low of 22,598.21 earlier. Japanese shares hit a one-month high on Monday.

Market heavyweight SoftBank Group is declining more than 1 percent and Fast Retailing is lower by almost 2 percent.

The major exporters are mixed despite a weaker yen. Sony is lower by almost 2 percent and Mitsubishi Electric is down 0.4 percent, while Canon is advancing more than 1 percent, Panasonic is adding 0.6 percent.

In the financial sector, Mitsubishi UFJ Financial is adding more than 1 percent and Sumitomo Mitsui Financial is adding 0.6 percent.
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