Tokyo stocks opened lower Tuesday as strong U.S. employment data released late last week stimulated expectations the Federal Reserve will continue hiking interest rates aggressively to cool the world's largest economy.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 567.82 points, or 2.09 percent, from Friday to 26,548.29. The broader Topix index was down 27.01 points, or 1.42 percent, at 1,879.79. Japanese markets were closed Monday for a national holiday.
On the top-tier Prime Market, decliners were led by electric appliance, precision instrument and machinery issues.
At 9 a.m., the U.S. dollar fetched 145.65-68 yen compared with 145.65-75 yen in London at 4 p.m. Monday and 144.90-92 yen in Tokyo at 5 p.m. Friday.
The euro was quoted at $0.9709-0.9713 and 141.44-53 yen against $0.9700-9710 and 141.35-40 in London at 4.p.m. Monday and $0.9798-9799 and 141.98-142.02 yen in Tokyo on Friday afternoon.
Markets in New York were also closed Monday for a national holiday.