(Updates to midday)
TOKYO, May 1 (Reuters) - Japan's Nikkei stock average fell
0.7 percent on Thursday as investors locked in profits after the
Federal Reserve left unclear the outlook for further rate cuts,
with banks such as Mizuho Financial Group <8411.T> slipping after
several days of strong gains.
The market zeroed in on earnings, sending firms like Komatsu
Ltd <6301.T> up after the world's No.2 maker of earth-moving
equipment on Wednesday booked a 4 percent gain in quarterly
profit and forecast 5 percent growth this year on strong demand
for construction in China. [ID:nT1793]
The benchmark Nikkei <.N225> shed 93.14 points to 13,756.85
on an investor sense that 14,000 -- which it hit on Monday for
the first time since February -- was a solid ceiling for now.
The broader Topix <.TOPX> was down 0.9 percent at 1,346.45.
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