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Stocks

Tokyo investors chase stocks that favor stronger yen

Domestic-oriented shares climb amid fears of protectionism

Maruha Nichiro offers a popular frozen fried rice. Shares of Japanese food makers are benefiting as the yen begins to strengthen.

TOKYO -- Investors are flocking to shares of food makers and other domestic-oriented businesses that benefit from a strong yen as market players snap up the Japanese currency.

The Nikkei Stock Average fell for the second straight session Tuesday, closing 0.34% lower at 19,455.88 as concerns over American protectionism and expectations of a slower rise in U.S. interest rates hindered auto-related and financial issues.

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