Japanese Stocks Fall 0.61% During Tuesday Trading

Japanese Stocks fell during Tuesday trading and lost most of the gains made on the previous trading day when the Japanese stock market seemed to shrug off the Christmas Day interest rate hike by China. The Nikkei 225 index of Japanese stocks opened Tuesday trading at 10,330.01, which was slightly below the previous trading day's close at 10,355.99. The Nikkei 225 opened the trading session in negative territory and spent most of the day steadily moving downward. The Nikkei 225 index ended the Tuesday trading session down 63.36 points, or 0.61%, at 10,292.63. The day's range for the Japanese stock index moved between 10,292.63 and 10,340.84. Investors who would like to invest in Japanese equities might want to consider the iShares MSCI Japan Index Fund EWJ, which uses a representative sampling strategy to try to track the MSCI Japan index. Those who are bullish on Japanese stocks should take a look at the ProShares Ultra MSCI Japan Index Fund EZJ, which seeks daily investment results, before fees and expenses, that correspond to twice the daily performance of the MSCI Japan Index. If you think that Japanese stocks are headed lower, consider the ProShares UltraShort MSCI Japan Fund EWV, which seeks daily investment results, before fees and expenses, that correspond to twice the inverse of the daily performance of the MSCI Japan index. Read more from Benzinga's ETF news.