Wednesday, June 20, 2007

Japan's Exporter Stocks Fall, Led by Toyota; Chipmakers, Steel Shares Gain

(Bloomberg) -- Japanese exporter stocks declined,
led by Toyota Motor Corp., after higher U.S. bond yields renewed
concern that spending in the world's largest economy will slow.

Nissan Motor Co., which made around 43 percent of its total
sales in North America last year, dropped by the most in almost
two weeks. The Standard & Poor's 500 Index had the biggest slide
in two weeks yesterday on concern a slump in the housing market
will intensify.


Read more at Bloomberg Stocks News

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