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1310 TOKYO (AP) - Japanese stocks fell for a second day Wednesday investors took profits in steels, real estate developers and banking issues following the market's recent gains.
The benchmark Nikkei 225 index shed 110.32 points, or 0.64 percent, to finish at 17,254.73 points on the Tokyo Stock Exchange. On Tuesday, the index fell 0.90 percent after rising 4.65 percent over the previous five trading sessions.
Traders said investors locked in profits in the absence of fresh market-moving news, ahead of U.S. Federal Reserve Board Chairman Ben Bernanke's congressional testimony and the Commerce Department's report on February durable goods orders.
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