Tokyo stocks dropped sharply Friday morning, with the key Nikkei index briefly sliding over 2 percent, weighed down by overnight losses on Wall Street as investors locked in gains after recent rapid advances. The 225-issue Nikkei Stock Average fell 847.29 points, or 1.65 percent, from Thursday to 50,434.54. The broader Topix index was down 27.59 points, or 0.82 percent, at 3,354.13.
Tokyo stocks drop sharply in morning after Wall Street declines