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Tokyo stocks open lower tracking losses of U.S. shares

Xinhua, May 18, 2017 Adjust font size:

Tokyo stocks opened lower Thursday as investor sentiment was dented by losses on the Dow Jones industrial average overnight, while ongoing concerns for the administration of U.S. President Donald Trump added to investor consternation.

As of 9:15 a.m., the 225-issue Nikkei Stock Average dropped 247.29 points, or 1.25 percent, from Wednesday to 19,567.59.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 19.47 points, or 1.24 percent, at 1,556.35.

Bank, insurance and securities-linked issues comprised issues that retreated the most in early trade. Endit