Tokyo stocks open lower on US rate hike fears
Business Desk: Dhaka, Jun-14,
Tokyo stocks opened lower on Tuesday extending a rout on Wall Street as investors bet on more aggressive US Fed rate hikes to address inflation following key price data.
The benchmark Nikkei 225 index was down 1.56 percent, or 419.93 points, at 26,567.51 in early trade, while the broader Topix index was down 1.38 percent, or 26.24 points, at 1,874.82.
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