As uncertainty over the Iran conflict continued, the Japanese stock market declined in early trading after a sharp rise on Friday. Electronics and auto stocks led the decline. Murata Manufacturing declined 5.1%, while Toyota declined 4.7%. The US dollar was reported at 157.62 yen, a sharp drop from 160.33 yen at the close of the Tokyo stock market on Friday, after the US and Japan jointly intervened to buy yen. Investors are watching the development of the situation in the Middle East. The Nikkei index fell 1.4% to 63445.53 points.

As uncertainty over the Iran conflict continued, the Japanese stock market declined in early trading after a sharp rise on Friday. Electronics and auto stocks led the decline. Murata Manufacturing declined 5.1%, while Toyota declined 4.7%. The US dollar was reported at 157.62 yen, a sharp drop from 160.33 yen at the close of the Tokyo stock market on Friday, after the US and Japan jointly intervened to buy yen. Investors are watching the development of the situation in the Middle East. The Nikkei index fell 1.4% to 63445.53 points.