U-T San Diego | World stock markets drift as oil falls, China exports rise U-T San Diego 2 economy came in a tad better than expected while Japan's Nikkei traced declines on Wall Street driven by the plunging oil price. Japan's Nikkei 225 index closed down 0.64 percent to 17,087.71. (AP Photo/Shizuo Kambayashi) The Associated Press. Premarket: Oil slide hits energy shares but Alcoa cheers some Asian markets hurt by continuing slide in oil, dollar on defensive Asian Shares Slip Amid Slide in Oil Prices |