Nikkei 225 Declines on U.S. Jobs, Japan Machinery Orders
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Japanese stocks fell, with the Nikkei 225 Stock Average declining the most in a month, after machinery orders plunged the most in a decade and a U.S. employment report missed estimates. Volume was the lowest since January.
Nissan Motor Co., a carmaker that counts North America as its biggest market, slid 2.4 percent. Komatsu Ltd., a construction equipment maker, fell 4 percent. Tokyo Electron Ltd., the world’s second-biggest maker of semiconductor production equipment, sank 6.1 percent after orders fell and its equity rating was cut by JPMorgan Chase & Co. Shares earlier pared losses after China’s inflation eased to a 29-month low in June, offering more room for monetary easing.