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Tokyo stocks open down after Wall St retreats

Japan is following Wall Street downwards
Japan is following Wall Street downwards

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TOKYO, Japan (Reuters) -- Japanese stocks opened lower on Wednesday with investors moving to lock in profits on recent gainers such as Toyota Motor Corp after Wall Street fell in a correction after a two-month rally.

Computer-related stocks came under pressure as their U.S. counterparts fell in New York after-hours trading after

Hewlett-Packard Co said information technology spending remains tepid.

Fujitsu Ltd, Japan's biggest computer maker, was 4.13 percent lower at 418 yen, helping send the tech-sensitive Nikkei average

down 1.36 percent to 9,079.80 as of 0009 GMT.

The broader TOPIX index was down 1.49 percent at 877.50.

Toyota, Japan's biggest automaker, slipped 0.61 percent to 3,250 yen after closing at a two-month high the previous day.



Reuters contributed to this report.


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