Tokyo stocks fall in morning as U.S. rate hike concerns persist
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Tokyo stocks fell Tuesday morning as strong U.S. industrial data released overnight fueled investor concern about further interest hikes by the Federal Reserve.
The 225-issue Nikkei Stock Average fell 393.96 points, or 1.24 percent, from Monday to 31,365.92. The broader Topix index was down 22.40 points, or 0.97 percent, at 2,292.04.
On the top-tier Prime Market, decliners were led by mining, oil and coal product, and nonferrous metal issues.
