Japanese stocks fell for a third day after Fitch Ratings cut Greece’s credit rating, and as makers of construction equipment declined after Nomura Holdings Inc. said demand in China will drop. The Nikkei 225 Stock Average dropped 1.4 percent to 9,469.53 as of 12:37 p.m. in Tokyo. The broader Topix index declined 1.1 percent to 818.74, with more than three times as many stocks falling as rising. 
May 23, 2011
Japanese Stocks Fall on Greek Debt Concern, Euro; Komatsu Drops
Japanese stocks fell for a third day after Fitch Ratings cut Greece’s credit rating, and as makers of construction equipment declined after Nomura Holdings Inc. said demand in China will drop. The Nikkei 225 Stock Average dropped 1.4 percent to 9,469.53 as of 12:37 p.m. in Tokyo. The broader Topix index declined 1.1 percent to 818.74, with more than three times as many stocks falling as rising. 
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