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TOKYO (AP) - Japanese stocks fell Tuesday, snapping a five-day rally that lifted the market nearly 5 percent. Declines in utility and pharmaceutical stocks depressed the market.
The benchmark Nikkei 225 index shed 156.91 points, or 0.90 percent, to finish at 17,365.05 on the Tokyo Stock Exchange. Before Tuesday's retreat, the index has risen 4.65 percent over the previous five trading sessions.
Investors took profits in high-dividend yielding utilities, pharmaceutical stocks as they go ex-dividend, traders said.
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