/www.fxserver.com/ TOKYO (AP) -- Tokyo stocks opened down Tuesday following losses on Wall Street as investors grew concerned the war in Iraq would be more complicated than previously thought. The U.S. dollar was lower against the yen.
The benchmark 225-issue Nikkei Stock Average was down 83.53 points, or 2.93 percent, to 8,435.07 at the open Tuesday. The Nikkei rose 240.02 points, or 2.93 percent Monday.
The U.S. dollar was trading at 120.71 yen at 9 a.m. (0000 GMt), down 0.10 yen from late Monday, but above the 120.66 yen it bought in late New York trading.
Tokyo stocks were pulled down by big losses on Wall Street overnight, where reports of allied forces encountering resistance from Iraqi troops troubled investors who had expected a swift victory.
In New York Monday, the Dow Jones industrial average closed down 307.29, or 3.6 percent, at 8,214.68 -- its biggest decline since Sept. 3, when the blue chips closed 355 points lower.
The Nasdaq composite index lost 52.06, or 3.7 percent, to 1,369.78.
But many in Tokyo were sitting out to await the outcome of the central bank's emergency policy meeting, which was debating measures to help the fragile economy weather the impact of war.
The broader Tokyo Stock Price Index opened down 8.53 points, or 1.03 percent, at 822.90 points. The TOPIX, which includes all first-section issues, gained 23.95 points, or 2.97 percent Monday.
In other trading on the currency market, the euro bought $1.0653 Tuesday morning, up from $1.0632 late Monday. Against the yen, the euro traded at 128.60 yen, up from 128.20 yen.
The yield on Japan's benchmark 10-year government bond was unquoted early Tuesday. On Monday, it closed at 0.7400 percent and was priced at 100.55.