Monday, April 23, 2007

Japan Stocks Drop, Led by Sony, Exporters on Higher Oil; Glassmakers Fall

(Bloomberg) -- Japanese shares fell, led by exporters such as Sony Corp., after the price of crude oil jumped, raising concern higher fuel costs will curb spending in the U.S., Japan's largest overseas market.

Shares also slipped as investors refrained from heavily betting on stocks until they confirm earnings results coming out later this week.


Read more at Bloomberg Stocks News

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