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Stocks

Market Scramble: ROE points the way at Trump crossroads

Investors play it safe amid doubts of stimulus-fueled rally

TOKYO -- Questions surrounding U.S. President Donald Trump's ability to follow through on promised stimulus spending has shaken Japanese market players into once again focusing on return on equity.

Following the defeat Friday of the Trump-led health care overhaul, the Nikkei Stock Average plumbed depths past 300 points Monday. The benchmark index eventually finished 276 points lower at 18,985, a level below the end of last year.

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