Tokyo stocks open lower after Fed chief comments

Tokyo stocks opened lower on Wednesday, as worries about higher interest rates continued to dog the market following testimony in the US Congress from new Federal Reserve chief Jerome Powell.

The benchmark Nikkei 225 index slipped 0.42 percent, or 94.05 points, to 22,295.81 in early trade while the broader Topix index was down 0.30 percent, or 5.31 points, at 1,785.03 – AFP/APP

Posted on: 2018-02-28T10:22:00+05:00