Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at 39,176.88 yen, down 187.80 yen from the previous trading day, while the Tokyo Stock Price Index (TOPIX) started at 2,722.24, down 5.96 points. In the U.S. market on the 17th local time, due to strong U.S. November retail sales, there are concerns about the slowing pace of interest rate cuts in the coming year, resulting in the NY Dow falling for the 9th consecutive day and the Nasdaq Composite Index falling for the first time in 3 days. The foreign exchange market also appears to be slightly on the yen's side, which is adding pressure.