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Tokyo stocks fall following governor's stay-at-home request

Moody's SoftBank downgrade also weighs on jittery market

A man wearing a face mask walks past a screen showing the Nikkei index in Tokyo on March 26. (Photo by Kosaku Mimura)

TOKYO -- Tokyo stocks closed down 4.5% on Thursday and snapped a three-day winning streak as investors reacted cautiously to a request from Tokyo's governor for residents to stay home on weekends and to do their part to help Japan's capital in its fight against the coronavirus outbreak.

Gov. Yuriko Koike's request came Wednesday night and raised concern about another falloff in economic activity.

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