TOKYO (AP) _ Tokyo stocks slipped Friday on gnawing concerns about profit warnings in the technology industry. The dollar rose against the yen.

The benchmark 225-issue Nikkei Stock Average declined 23.85 points, or 0.16 percent, to 14,696.51. On Thursday, the average closed down 169.01 points, or 1.14 percent.

The dollar bought 110.62 yen at 5 p.m. (4 a.m. EST), up 0.24 yen from Thursday in Tokyo but slightly lower than its overnight level of 110.64 yen in New York.

Investors sold technology stocks in response to earnings alarms sounded on Wall Street by U.S. industry leaders Motorola Inc. and Intel Corp.

The broader Tokyo Stock Price Index of all issues listed on the first section ended down 2.69 points, or 0.20 percent, at 1,365.48. The TOPIX closed down 12.88 points, or 0.94 percent, the day before.

Declining stocks outnumbered gainers 742 to 568, and 129 issues finished unchanged. An estimated 1.25 billion shares changed hands, more than double Thursday's trading volume of 591.9 million.

The dollar stayed in a tight range against the yen in the absence of market moving news. It fluctuated between 110.45 yen and 110.67 yen.

The euro was quoted at 98.23 yen, down from 98.78 yen late Thursday in Tokyo.

The yield on the benchmark 10-year Japanese government bond rose to 1.5800 percent from Thursday's finish at 1.5650 percent. Its price fell 0.14 point to 101.89.


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