Tokyo stocks close lower on prolonged high U.S. rates concerns
TOKYO, April 17 (Xinhua) -- Tokyo stocks closed lower on Wednesday, with the benchmark Nikkei hitting a two-month low, weighed down by concerns over the impact of prolonged elevated U.S. interest rates.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 509.40 points, or 1.32 percent, from Tuesday at 37,961.80, its lowest closing since Feb. 14.
The broader Topix index, me