Tokyo stocks close down 1.00pc

TOKYO, Aug 5 (AFP): Tokyo stocks closed down 1.00 per cent on Tuesday, extending their losing streak to the fourth straight day and giving up early gains driven by a positive session on Wall Street.

The benchmark Nikkei 225 index lost 154.19 points to 15,320.31, while the Topix index of all first-section issues lost 0.99 per cent, or 12.66 points, to 1,263.53.

The focus is now whether US stocks will fall more amid concerns over the Federal Reserve's shifting away from its ultra-easy policy, said Mitsushige Akino, chief fund manager at Ichiyoshi Investment Management.

US stocks rose Monday, recovering some ground lost last week when the S&P 500 notched its biggest weekly decline since mid-2012.

The Dow Jones Industrial Average rose 0.46 per cent, while the S&P 500 rose 0.72 per cent.