Japanese stocks fell, with the Topix index dropping for the first time in four days, as exporters slumped on a stronger yen with carmakers leading declines.
The Topix lost 0.4 percent to 1,594.31 as of 9:00 a.m. in Tokyo, trimming its advance for the week to 0.5 percent. About nine shares fell for seven that rose. The yen traded at 122.88 per dollar after gaining 0.6 percent on Thursday.
The Nikkei 225 Stock Average slid 0.4 percent to 19,773.78. The measure closed at its highest level since Aug. 20 on Thursday as it headed for a fifth straight weekly gain. The gauge has risen 13 percent this year, while still short of a high in June before China’s shock devaluation of the yuan roiled global markets.
E-mini futures on the Standard & Poor’s 500 Index lost 0.1 percent. The underlying gauge slipped 0.1 percent Thursday, after fluctuating throughout the day, as a profit warning from UnitedHealth Group Inc. led to a slump in the health-care sector and energy producers followed oil prices lower.