Reuters: Financial Services and Real Estate: Nikkei falls 2.8 pct after Greek, French elections

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Nikkei falls 2.8 pct after Greek, French elections May 7th 2012, 00:11 Tweet Share this Email Print Related Topics Stocks » Asian Markets » Markets » Financials » Sun May 6, 2012 8:11pm EDT TOKYO, May 7 (Reuters) - Japan's Nikkei share average dropped 2.8 percent in early trade on Monday after elections in France and Greece raised concerns over the euro zone's ability to carry out further austerity measures and U.S. jobs data came in weaker than expected. The Nikkei was down 266.68 points at 9,113.57, breaking below its 52-week moving average near 9,158 but holding above its 200-day moving average near 9,066. The broader Topix shed 2.7 percent to 771.77. Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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