Japanese stocks fall while the yen rises on reports Abe to resign

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Japanese stocks fell while the yen rose in the wake of reports that long-serving Prime Minister Shinzo Abe will step down due to his declining health. The Nikkei 225 fell nearly 2% in late trade, while the yen rose vs. the dollar. The Abe news wasn’t entirely out of the blue, as Bank of America had speculated about such a scenario on Thursday.
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