Nikkei edges lower as weak sentiment lingers; Canon tumbles [Reuters]
Canon, Inc. American Depositary Shares (CAJ)
Last canon, inc. american depositary shares earnings: 4/24 04:01 pm
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Source: Reuters
Nikkei edges lower as weak sentiment lingers; Canon tumbles | Reuters 3 Min Read * Nikkei on track to post biggest weekly drop since February * Canon falls to lowest level since Feb 2017 on forecast cut * Mazda Motor weak after media report on new NAFTA rules By Ayai Tomisawa TOKYO, Oct 26 (Reuters) - Japan’s Nikkei edged lower on Friday morning despite a rebound on Wall Street, as worries about earnings of domestic firms kept investors risk averse after Canon disappointed the market by lowering its annual profit forecast. After falling to a seven-month low the day before, the Nikkei share average opened a tad higher but turned negative in midmorning trade as concerns about U.S. companies’ earnings forecasts lingered. At the midday break, the benchmark index fell 0.2 percent to 21,221.50. For the week, it has dropped 5.7 percent, on track to post the biggest weekly drop since early February. Index-heavy stocks such as SoftBank Corp and Fanuc Corp fell 1.3 percent and 1.9 percent, resp
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