Tokyo Stocks Open Lower as Nikkei Slides to 49,897

Overview

• At 9:15 a.m. in Tokyo on November 17, the Nikkei 225 stood at 49,897.51, down 479.02 from the previous reference.
• The TOPIX was 3,334.38 at the same time, a decrease of 25.43 points.
• In morning foreign exchange trading, the dollar was quoted at 154.62–66 yen at 10:00 a.m., about 0.05 yen stronger for the yen compared with the previous week.
• A 309.74-point decline left the Dow Jones Industrial Average at 47,147.48 on November 14, following back-to-back weakness in New York trading.
• The Nikkei has eased from its November 14 close of 50,376.53 to 49,897.51 in the November 17 morning session, underscoring recent volatility.