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Tech stocks drag Japan's Nikkei to 13-month low ahead of Fed decision

US stocks whipsawed between steep losses and modest gains before ending well off session lows, with rate-sensitive tech stocks weighing most heavily

Tokyo: A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Oct. 11, 2019. Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war.
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Reuters
Japan's Nikkei index fell to a fresh 13-month low on Wednesday, dragged down by technology heavyweights after their U.S. peers closed lower overnight on concerns over an increasingly hawkish Federal Reserve and tension over Ukraine.

The Nikkei share average was down 0.4% to 27,027.51 by 0211 GMT, after falling as much as 1% to its lowest since December 2020. The broader Topix edged down 0.1% to 1,894.60.
 
U.S. stocks whipsawed between steep losses and modest gains before ending well off session lows, with rate-sensitive tech stocks weighing most heavily.

The Fed is due to update its policy plan, likely fleshing

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