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Dollar remains weak, stocks tumble in Tokyo

TOKYO, Japan - A display at the Tokyo office of money broker Gaitame.com Co. shows the dollar trading at the 79-yen level, while the 225-issue Nikkei Stock Average closed at 9,119.14 on May 7, 2012. Last week, the dollar slipped below 80 yen after trading above that line for about two months, and the Nikkei tumbled 261.11 points or 2.78 percent May 7, as the results of the French and Greek elections raised concerns that Europe's efforts to implement austerity measures to settle the region's debt crisis may face a setback. (Kyodo)