TOKYO — Japan's benchmark stock index fell sharply in early trade Friday in its second straight day of losses since the U.S. election.
The Nikkei 225 stock average was down 6.1 percent, or 548.26 points, at 8,350.88 at 10:24 am (0124 GMT). The slide followed overnight falls in the U.S., where the Dow Jones industrial average tumbled more than 440 points for its second straight decline.
Japanese shares also were down Thursday, and the losses continued as investor insecurity about the outlook for the global economy overshadowed any afterglow from Barack Obama's election as U.S. president.
On Friday, exporters were again sent lower as the yen strengthened against the dollar. It was trading at 96.87 to the dollar in Asia, versus about 97.64 Thursday afternoon.
Digital camera and photocopier maker Canon, which sells the bulk of its products overseas, was down over 9 percent in early trade, while carmaker Honda fell more than 11 percent.