TOKYO -- Moody's decision to lower Japan's debt rating failed to put a dent in the Nikkei Stock Average, which continued Tuesday to set fresh highs for the year as investors maintain bullish outlooks going into the year-end.
The market is following a common saying here that warns against selling in a quiet market. "People don't see the Moody's downgrade as a big incentive [to sell]," said a trader at a major securities firm.
