Business · Markets · 3 hrs ago

Tokyo stocks open lower as investors await Bank of Japan decision

Tokyo stocks open lower as investors await Bank of Japan decision

Tokyo stocks opened lower in the final trading session of the week.

The Nikkei fell 0.31%, or 198 points, to 64,461.39.

Weak US technology shares weighed on the market, following after-hours selling in Amazon and Intel.

Investors are awaiting the Bank of Japan meeting’s outcome, which is due Friday.

The yen was little changed against the US dollar at 157.80 and strengthened against the euro to 175.50.

The market’s opening decline reflects pressure from overseas technology stocks as investors wait for the central bank’s decision.

1 source

Related