Japan stocks fall, banks sold on credit concerns

Newswire

(Updates to close) TOKYO, Dec 17 (Reuters) - Japanese stocks fell for the fourth straight session on Monday, tracking falls on Wall Street after fresh data pointed to a surge in U.S. inflation, dispelling chances of further rate cuts by the Federal Reserve. Financial shares were among the hardest hit, with Mizuho Financial Group Inc falling 5 percent on lingering credit concerns. Volatility was high as volume thinned, with many foreign investors winding down trades in the leadup to ...

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