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Tokyo: Stocks drop ahead of Fed meeting


[TOKYO] Tokyo shares closed 0.90 per cent lower on Tuesday on a weak lead from Wall Street and as investors await the start of a US Federal Reserve meeting later in the day.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange dropped 170.08 points to 18,777.04, while the broader Topix index of all first-section shares closed down 1.02 per cent, or 15.88 points, to 1,543.11.