Nikkei Drops as Investors Wary of Fed Talk


Japan's Nikkei share average fell on Friday with the market wary of a stronger yen and financials weakened as U.S. bond yields fell after comments by a senior U.S. Federal Reserve official were viewed as relatively dovish.

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The Nikkei ended down 0.6 percent at 19,234.62 points. For the week, the benchmark index fell 0.7 percent.

Toshiba Corp sank 9.2 percent, after rating agency S&P Global said it could slash the conglomerate's rating if financial support from lenders includes any form of debt restructuring.

The broader Topix dropped 0.4 percent to 1,544.54 and the JPX-Nikkei Index 400 shed 0.5 percent to 13,855.47.

(Repoting by Ayai Tomisawa; Editing by Kim Coghill)