Tokyo stocks open lower on Wall St. fall, rising crude oil futures
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Tokyo stocks opened sharply lower Friday, weighed down by an overnight decline on Wall Street and concern over the economic impact of a rise in crude oil futures. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 364.87 points, or 1.34 percent, from Thursday to 26,807.13. The broader Topix index was down 25.16 points, or 1.32 percent, at 1,882.89. On the top-tier Prime Market, decliners were led by precision instrument, electric appliance and metal product issues. At 9 a.m., the dollar fetched 126.17-18 yen compared with 125.84-94 yen in New York and 125.33-34 yen in ...