Nikkei only dips despite Dow slide

TOKYO, July 26 (UPI) -- Tokyo share prices fell only moderately Monday despite the slide in U.S. markets last week.

The benchmark Nikkei-225 closed down 0.25 percent, or 27.78, at 11,159.55. It marked the third consecutive decline for the Nikkei, but the fall was less than many market analysts had expected.

The Dow Jones industrial average ended below the psychologically critical 10,00-level Friday, as investors sold off shares on worse-than-expected corporate earnings as well as continued fears about further interest rate hikes.