18 July 2001, 08:52 Japan stocks drop below 12,000 for first time since Mar 15
Tokyo, July 18 (BridgeNews) - The Nikkei 225 Stock Average lost 1.5%
in the morning session, falling below the key 12,000-point level for the
first time since March 15. The weakness in U.S. stocks in after-hours
trade, prompted by continued concerns over earnings, weighed on the
market. The benchmark declined 175.80 points to close at 11,952.77.
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