U.S. imports from Japan are declining, and that is leading to declines in Japanese stocks. The Nikkei 225 is down, and Japanese individual equities, led by Sony, are losing value on the stock market. Bloomberg reports on Japanese stocks:
Sony, the world's largest maker of game consoles, dropped
100 yen, or 1.6 percent, to 6,320. Honda, Japan's No. 2
automaker by sales, fell 60 yen, or 1.5 percent, to 4,070.
Toyota Motor Corp., which overtook General Motors Corp. as the
world's largest carmaker in the three months ended March 31,
fell 50 yen, or 0.7 percent, to 7,270. |