Tokyo stocks start 2023 lower as yen appreciates

Year of the Rabbit starts without a hop in share prices

20220104 Nikkei stock

Tokyo's dip follows a low opening day for U.S. stocks, especially for tech companies like Apple and Tesla. (Photo by Kosaku Mimura)

SAYUMI TAKE, Nikkei staff writer

TOKYO -- The Tokyo stock market reopened for 2023 with prices on a decline, snubbing the old Japanese market aphorism that stock prices "jump" in the Year of the Rabbit.

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