Tokyo stocks opened lower Wednesday, tracking overnight declines on Wall Street, as investors remained cautious ahead of the outcome later in the day of a two-day policy meeting of the U.S. Federal Reserve.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 63.08 points, or 0.19 percent, from Tuesday to 33,179.51. The broader Topix index was down 3.81 points, or 0.16 percent, at 2,426.49.
On the top-tier Prime Market, decliners were led by oil and coal product, mining, and textiles and apparel issues.
At 9 a.m., the U.S. dollar fetched 147.75-76 yen compared with 147.81-91 yen in New York and 147.64-66 yen in Tokyo at 5 p.m. Tuesday.
The euro was quoted at $1.0679-0683 and 157.79-88 yen against $1.0674-0684 and 157.87-97 yen in New York, and $1.0693-0695 and 157.88-92 yen in Tokyo late Tuesday afternoon.
