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Tokyo stocks open lower on decline in U.S. tech shares
Tokyo stocks opened lower on Friday, with the Nikkei Stock Average shedding 355 points from the previous session to 67,115 yen, extending its decline into a second straight session.
In U.S. trading on Thursday, the Dow Jones Industrial Average jumped 874 points as sliding crude oil prices eased inflation concerns. However, a sell-off in semiconductor and other tech shares dragged down the Nasdaq Composite. In Tokyo, spillover worries from the U.S. tech slide fueled initial selling pressure, while the dollar traded around 160 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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