Tokyo stocks (at open) start lower for a second straight session, weighed down by declines in European and U.S. stocks

The story

At the open of the Tokyo stock market on the 8th, the Nikkei 225 fell ¥195 from the previous business day to ¥69,840, extending its decline and starting below ¥70,000. The move was believed to reflect global risk aversion, including declines in European stocks the previous day, US stocks and the SOX Index.

Against this backdrop, trading is expected to remain weak during the day. Earnings announcements from Fast Retailing and Seven & i Holdings are scheduled for today.

At a glance

Nikkei levelNikkei opens at ¥69,840, down ¥195

Opening statusNikkei starts below ¥70,000

Overseas marketsWeakness spreads amid falling European and US stocks and expectations of higher long-term interest rates

Earnings scheduleEarnings announcements scheduled for Fast Retailing and Seven & i

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