Tokyo stocks down in morning on U.S. economy fears, COVID-19 surge

Economy

Tokyo stocks were lower Wednesday morning, tracking an overnight fall of the Dow Jones index amid rising concern over the U.S. economy, while sentiment was also dented by a recent surge in COVID-19 cases across Japan. The 225-issue Nikkei Stock Average fell 333.61 points, or 1.26 percent, from Tuesday to 26,089.86. The broader Topix index was down 25.71 points, or 1.37 percent, at 1,853.41. On the top-tier Prime Market, decliners were led by mining, oil and coal product, and electric power and gas issues.

Kyodo News

Kyodo News