Tokyo stocks open mixed on tech gains, US Dow Jones drop
TOKYO (Kyodo) -- Tokyo stocks opened mixed Thursday, as heavyweight technology shares lifted the Nikkei stock index while overnight declines in the U.
Tokyo stocks opened mixed on Thursday, with heavyweight technology shares driving the Nikkei stock index higher, while overnight declines in the U.S. Dow Jones due to elevated Treasury yields impacted the broader market. The Nikkei Stock Average rose 0.99 percent to 67,413.50 points in the first 15 minutes of trading, while the Topix index fell 0.57 percent to 4,085.19 points.
The Prime Market saw electric appliance and information and communication sector shares gain, while insurance and pharmaceutical shares declined. The U.S. dollar was trading at 157.49-50 yen compared to 157.39-49 yen in New York, and the euro was quoted at $1.1328-1328 and 178.39-40 yen against $1.1325-1335 and 178.32-42 yen in New York and $1.1345-1346 and 178.01-05 yen in Tokyo.
Brief written by urgent.news from The Mainichi's own syndicated text. Machine-written — may contain errors; check the original before relying on it.