Nikkei Falls 2.9%, Tracking Wall Street Losses
The Nikkei Stock Average fell 2.9% to 65,755.28, tracking Wall Street's overnight losses. XS.com's Antonio Di Giacomo said the U.S. inflation report revived expectations of another Fed rate hike.
28, following overnight losses on Wall Street. S. ” He added, “Higher price pressures, elevated yields, a…”.