* Nikkei 225 Stock Average: -216.83 (-1.2%) to 17,849.28; 4th straight decline — longest since 2/27 – 3/5 sell-off lasting 5 sessions
* Nikkei 225 futures Osaka: -240 (-1.3%) to 17,850; SGX N225 futures: -210 (-1.2%) to 17,870; CME N225 futures: -110 (-0.6%) to 17,980 [6/26]
* TOPIX: -24.79 (-1.4%) to 1,741.08; Advancers 347 x decliners 1,274 (unchanged 110); New highs 28 x new lows 70; only 3 of 30 sectors posted gains
* Jasdaq: -0.59 (-0.7%) to 81.36
* Yen rises 0.5% against US$ to 122.59, “risk reduction” blamed; no reason to believe the yen carry trade is unwinding
* Market participants concerned about U.S. economy, real estate, sub-prime, 6/27 – 6/28 FOMC

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