Tokyo stocks down sharply in morning after Wall St. fall

Economy

Tokyo stocks fell sharply Thursday morning, as investors locked in recent gains after the U.S. Dow Jones index snapped a nine-day winning streak overnight.

The 225-issue Nikkei Stock Average fell 504.51 points, or 1.50 percent, from Wednesday to 33,171.43. The broader Topix index was down 23.92 points, or 1.02 percent, at 2,325.46.

On the top-tier Prime Market, decliners were led by transportation equipment, precision instrument and oil and coal product issues.

Kyodo News

Kyodo News