Tokyo stocks mixed as gains locked in, tech shares advance
TOKYO (Kyodo) -- Tokyo stocks were mixed Monday morning as gains were locked in after recent rapid rises, while some heavyweight technology issues sup
Tokyo stocks opened mixed on Monday, with the Nikkei Stock Average rising 7.64 points, or 0.01 percent, to 68,721.44, while the broader Topix index fell 25.05 points, or 0.60 percent, to 4,172.15. The U.S. dollar briefly weakened against the yen, as investors speculated on a narrowing interest rate gap between Japan and the United States.
The euro was also quoted against the U.S. dollar and Japanese yen, while the yield on the benchmark 10-year Japanese government bond rose to its highest level since October 1996, reflecting investor concerns about potential economic slowdown following weaker-than-expected U.S. retail sales data.
Brief written by urgent.news from The Mainichi's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
