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.
On Thursday, the Tokyo stocks market opened mixed as heavyweight technology shares drove the Nikkei stock index higher, while the U.S. Dow Jones fell overnight due to higher Treasury yields affecting the overall market. The Nikkei 225-stock average climbed 659.78 points, or 0.99 percent, from the previous day's close to 67,413.50 within the first 15 minutes of trading.
Conversely, the broader Topix index slipped by 23.46 points, or 0.57 percent, to 4,085.19. Among the top-tier Prime Market, electric appliance and information and communication sector stocks were the main gainers, while insurance and pharmaceutical companies experienced notable declines. Meanwhile, the U.S. dollar traded at 157.49-50 yen, a slight increase from the previous day's rates in New York (157.39-49 yen) and Tokyo (156.90-92 yen).
In the same timeframe, the euro was quoted at $1.1328-1328 and 178.39-40 yen, showing a minor change from $1.1325-1335 and 178.32-42 yen in New York.
Written by urgent.news from The Mainichi's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.