TOKYO – Tokyo stocks opened lower today as investors sought to lock in profits following falls on Wall Street.
The benchmark Nikkei 225 index slipped 0.42% or 113.38 points to 26,704.56 in early trade, while the broader Topix index was down 0.19% or 3.39 points at 1,776.03.
Tokyo stocks closed higher yesterday, with the Nikkei recording a fresh 29-year closing high on hopes for Covid-19 vaccines and hopes that a major US stimulus plan would come to bear.
That, along with solid Japanese machinery orders data, helped underscore hopes for an economic recovery yesterday.
However, new snags over the long-deadlocked US stimulus talks saw all three major US indices finish in the red yesterday, which has also affected sentiment in Tokyo. – AFP, December 10, 2020
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