Tokyo stocks end lower over U.S. rate cut fears, stronger yen
TOKYO, Aug. 26 (Xinhua) -- Tokyo stocks closed lower on Monday as the Japanese yen rose against the U.S. dollar amid market speculations that the U.S. Federal Reserve might cut interest rates next month.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 254.05 points, or 0.66 percent, from Friday to close the day at 38,110.22.
The broader Topix index, meanwhile, finished