Business · Markets · 1 hr ago

Tokyo stocks open mixed after Wall Street losses and tech share rebound

Tokyo stocks open mixed after Wall Street losses and tech share rebound

Tokyo stocks opened mixed on Wednesday after trading began in the morning.

In the first 15 minutes, the Nikkei rose 0.28 percent, while the broader Topix index fell 0.15 percent.

Wall Street losses weighed on Tokyo shares, amid uncertainty over the Middle East and high U.S. Treasury yields.

Some major technology shares rebounded after sharp declines the day before.

Nonferrous metal and pulp and paper shares were among the main gainers, while bank and precision instrument shares fell.

The mixed opening showed that gains in some shares did not lift the whole market.

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