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Nikkei Markets

Tech share retreat drags Nikkei Asia300 Index lower

Foxconn drops after first-quarter earnings while Tencent retreats day before results

HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan fell on Tuesday, dragged down by losses in technology heavyweights, while ongoing trade worries also cast a shadow on sentiment.

The Nikkei Asia300 Index shed 1.1% to 1,417.64. The losses came after a six-day winning streak for the equity index. U.S. stocks ended higher on Monday following upbeat remarks on U.S.-China trade relations from President Donald Trump on Sunday, saying the two nations are working well together on matters on trade.

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