TOKYO, July 5 — Tokyo stocks opened lower today with investors seeking new cues after a solid US jobs report lifted Wall Street shares to record highs last week.
The subdued start to the day came as analysts said they expected the market to stay range-bound throughout the week. The vote was seen as a key test for the LDP ahead of a national election due later this year likely to decide the fate of Prime Minister Yoshihide Suga.The brokerage said it expected Tokyo shares to stay relatively well supported this week, as the US market is showing strength.