Wednesday, September 11, 2013
Nikkei Ends Flat On Fear Of Overheating
TOKYO (NQN)--Tokyo stocks edged higher for a third straight trading day Wednesday, with the Nikkei Stock Average ending the day up 1 point, or 0.01%, at 14,425, its highest closing level since Aug. 2.
Following a speech by President Barack Obama, concerns eased that the U.S. would soon intervene in Syria militarily, spurring buying of exporters.
The Nikkei average quickly lost steam toward the close on jitters about a short-term market overheating.