Thursday, May 1, 2014

Japan Topix Retreats From Three-Week High Before U.S. Payrolls



Japanese shares fell, with the Topix index dropping for the first time in three days, as investors weighed earnings and awaited U.S. employment data.
The Topix lost 0.1 percent to 1,180.69 as of 9:00 a.m. in Tokyo, with about three shares falling for every two that rose. The measure, which climbed yesterday to its highest since April 7, is poised for a 0.9 percent advance this week. The Nikkei 225 Stock Average slipped 0.3 percent today to 14,446.85. Japanese markets are closed for the first two days next week.
Futures on the Standard & Poor 500 Index added less than 0.1 percent after the equity measure closed little changed yesterday. A Labor Department report today may indicate employers added 215,000 workers in April, the most since November, according to economists projections.

Copy Source: Bloomberg

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