Nikkei down 0.4 pct, investors cautious on U.S. plan

Newswire

(Updates to midafternoon) TOKYO, Sept 29 (Reuters) - Japan's Nikkei stock average fell 0.4 percent on Monday, losing earlier gains as investor caution about the execution of a U.S. bailout plan for the financial sector outweighed relief that a deal was getting done. Major banks shed much of their gains or sunk into negative territory, while blue chip exporters like Toyota Motor Corp fell on worry about the global economic outlook. U.S. Congressional leaders from both parties said they ...

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