Tokyo stocks were mixed Monday morning as investors sought fresh market-moving news. The U.S. dollar was down against the Japanese yen.
The Nikkei Stock Average of 225 issues added 5.63 points, or 0.05 percent, to 11,083.95 points at the end of morning session. On Friday, the index gained 153.95 points, or 1.41 percent.
The dollar bought 104.43 yen at 11 a.m. (0200 GMT) in Tokyo, down 0.06 yen from late Friday but above the 104.31 yen in New York trading later that day.
Stocks were mixed in range-bound trading in the absence of fresh-market moving news.
Electronics giants NEC Corp. and Fujitsu Ltd. gained, while others including Hitachi Ltd. and Matsushita Electric Industrial Co. slipped.
U.S. stocks ended lower Friday following Pfizer Inc.'s surprise announcement of possible health risks connected with its Celebrex drug, renewing investors' concerns over the pharmaceutical sector.
The Dow Jones industrial average fell 55.72, or 0.52 percent, to 10,649.92. The Nasdaq composite index lost 10.95, or 0.51 percent, to 2,135.20.
In Tokyo Monday morning, the index of all issues on the Tokyo Stock Exchange's first section slipped 0.55 points, or 0.05 percent, to 1,110.80 points. The TOPIX rose 10.28 points or 0.93 percent, on Friday.
In currencies, the dollar remained weaker against the yen and the euro after slipping in New York on Friday after the U.S. Labor Department reported that inflation rose at a slower pace in November than in the previous month.
The euro rose to US$1.3317 Monday morning in Tokyo from US$1.3265 late Friday, and was also above the US$1.3287 in New York later that day. Against the yen, the euro was up at 139.11 yen from 138.66 yen.
The yield on Japan's benchmark 10-year government bond slipped to 1.3900 percent from Friday's finish of 1.3950 percent. Its price rose 0.04 to 100.96 points.