Kyodo news summary -10-.NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Jan. 22 Kyodo
---------- Stocks close lower in N.Y. on concern over technology companies
NEW YORK - The Dow Jones index closed lower Monday in New York on growing concerns over technology companies due in part to a downgrade of Dow component Boeing Co.
The Dow Jones Industrial Average Dow Jones Industrial Average
The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. of 30 blue-chip issues was down 88.37 points, or 0.70 percent, from Friday to 12,477.16, ending lower for a fourth trading day in a row. The key index closed below the 12,500 level for the first time since Jan. 10.
---------- Cabinet approval rating continues dropping in Asahi, Yomiuri surveys
TOKYO - The approval rating for Prime Minister Shinzo Abe's Cabinet continued falling, reflecting a series of accounting scandals involving his Cabinet members, two major Japanese dailies reported Tuesday.
The Asahi Shimbun said the approval rating fell to 39 percent from 47 percent a month earlier, below the 40 percent line for the first time since the Cabinet was launched in September.
---------- Chicago Fed president to step down in late August
WASHINGTON - Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C. President Michael Moskow said Monday he will step down on Aug. 31, in keeping with the Fed's mandatory retirement policy.
The Chicago Fed said in a statement that it will launch a nationwide search for a successor to Moskow, who is a voting member of the U.S. central bank's policy-making Federal Open Market Committee.
---------- N.Y. crude oil futures fall back to $51 level
NEW YORK - The benchmark crude oil futures price fell back to close at $51 line on Monday in New York due largely to a U.S. crude inventory rise following a brief spike stemming from the arrival of seasonally cold weather in the U.S. Northeast.
The February contract for West Texas Intermediate crude settled at $51.13 a barrel, down $0.86 from Friday, on the New York Mercantile Exchange New York Mercantile Exchange (NYMEX)
The world's largest physical commodity futures exchange. .