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TOKYO (AP) - Japan's benchmark stock index fell Wednesday morning following Wall Street's decline, as investors took profits in reaction to the previous day's sharp gains. The dollar slipped against the yen and euro.
The Nikkei 225 index shed 132.54 points, or 0.83 percent, to 15,762.54 points at the end of morning trading on the Tokyo Stock Exchange. The Nikkei jumped 457.01 points, or 2.96 percent, in the previous session.
Wall Street stocks dropped Tuesday on expectations that additional U.S. interest rate hikes are nearly certain amid a robust reading on the economy, minutes from the most recent meeting of the Federal Reserve and the continuation of a solid earnings season. The Dow Jones industrial average fell 46.26 points, or 0.42 percent, to 11,069.06.
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