Nikkei may near 26-year low but falls seen limited

Newswire

TOKYO, March 9 (Reuters) - Japan's Nikkei average is likely to open down and then move narrowly on Monday, hovering just above a 26-year low, with technology shares seen under pressure after worries about consumer spending hit their U.S. peers.

"There's no change in the severe market environment and we lack trading factors to push the market higher," said Hiroichi Nishi, general manager at Nikko Cordial Securities.

"But at the lows, we may see buying that is related to ...

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