Tokyo stocks open lower on Wall St. losses amid high US Treasury yields
TOKYO (Kyodo) -- Tokyo stocks opened lower Thursday, with the Nikkei stock index falling below the 70,000 line, tracking overnight Wall Street losses
Tokyo stocks commenced trading on Thursday in a downward trajectory, mirroring the losses experienced on Wall Street. The Nikkei stock index, which dropped below the 70,000 mark, experienced a decline of 457.57 points, or 0.65 percent, from the previous day's close of 69,578.14. Similarly, the Topix index, a broader measure of Japanese equities, suffered a decline of 44.52 points, or 1.07 percent, settling at 4,109.59.
The Prime Market, which comprises the largest companies in Japan, saw its main decliners in sectors such as oil and coal products, nonferrous metals, and wholesale trade. Concurrently, the U.S. dollar strengthened against the yen, with the exchange rate reaching 158.09-11 yen, indicating a potential impact on Japanese exports and manufacturing sectors.
Brief written by urgent.news from The Mainichi's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Wall Street ends lower, off record highs, as Treasury yields climb businesstimes.com.sg
- Wall Street ends lower after record highs as Treasury yields climb freemalaysiatoday.com
- Wall Street ends lower, off record highs, as Treasury yields climb straitstimes.com
- Wall Street ends lower as Treasury yields climb news.rthk.hk
- ASX set to slide, Wall Street retreats as bond yields, oil prices rebound theage.com.au
- ASX set to slide, Wall Street retreats as bond yields, oil prices rebound smh.com.au
