Tokyo stocks extend losing streak to 3 days on Fed policy fears

Tokyo stocks extended Tuesday their losing streak to three days, briefly sending the Nikkei index down more than 2 percent, amid heightened concerns over the U.S. economy on expectations the Federal Reserve will more aggressively hike rates to curb inflation.The 225-issue Nikkei Stock Average ended down 357.58 points, or 1.32 percent, from Monday at 26,629.86. The broader Topix index finished 22.61 points, or 1.19 percent, lower at 1,878.45.On the top-tier Prime Market, decliners were led by air transportation, precision instrument and real estate issues.The U.S. dollar was mostly weak in t…READ FULL ARTICLE