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Commodities

Nikkei Falls as US Rates Rise and Crude Oil Prices Soar

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Oil
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The Nikkei Stock Average declined further on September 16, closing at 63,396.00, down 88.10 yen from the previous day.

Rising U.S. long-term interest rates and elevated crude oil prices contributed to the decline in investor sentiment.

Heavyweight stocks with large index contributions were sold, limiting upside potential.

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