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Tokyo stocks open lower amid surging global coronavirus cases

This Oct. 1, 2020 photo shows the Tokyo Stock Exchange. (Kyodo)

TOKYO (Kyodo) -- Tokyo stocks opened lower Tuesday after U.S. shares tumbled overnight on fears of surging coronavirus case counts in the United States and some European countries.

    In the first 15 minutes of trading, the 225-issue Nikkei Stock Average lost 158.70 points, or 0.68 percent, from Monday to 23,335.64. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 14.10 points, or 0.87 percent, at 1,604.88.

    Decliners were led by mining, iron and steel and air transportation issues.

    At 9 a.m., the dollar fetched 104.83-84 yen compared with 104.78-88 yen in New York and 104.87-88 yen in Tokyo at 5 p.m. Monday.

    The euro was quoted at $1.1808-1809 and 123.79-80 yen against $1.1804-1814 and 123.75-85 yen in New York and $1.1833-1834 and 124.09-13 yen in Tokyo late Monday afternoon.

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