Tokyo stocks open lower as profit-taking follows previous day's surge
The Tokyo stock market opened lower on Oct. 2, with the Nikkei Stock Average falling 643 yen from the previous day to 68,313 yen, reversing course after the prior session's gains.
U.S. stocks rose modestly on Oct. 1, with the Dow Jones Industrial Average and the Nasdaq Composite both posting slight gains, supported by receding expectations for further U.S. rate hikes. However, profit-taking dominated trading in Tokyo after the Nikkei surged 2,203 yen in the previous session.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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