The 225-issue Nikkei Stock Average ended down 21.68 points, or 0.14 percent, from Wednesday at 15,348.29. The broader
The market opened higher, underpinned by buying after the Dow Jones Industrial Average and the S&P 500 index both closed at record highs for a second straight day overnight.
After initial buying ran its course, the key indexes lost upward momentum and selling increasingly took the upper hand as market participants took profits on gains earlier in the week and receded to the sidelines ahead of the release of U.S. payroll data for June later in the day, said
"It it natural for a correction to take place given the upbeat tone of the
Decliners outnumbered advancers 954 to 705 on the First Section, while 155 finished unchanged.
Oil and coal products became the worst performing sector.
Other major decliners included insurance, rubber products and brokerage shares.
Bucking the trend,
Volume on the main section totaled 1,931.95 million shares, down from Wednesday's 2,293.86 million shares.
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