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Japan stocks slip as techs fall, economy weighs

Thu Feb 14, 2008 9:08pm EST

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(Updates to midsession)

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TOKYO, Feb 15 (Reuters) - Japanese stocks fell more than 1 percent on Friday as high-tech shares such as Kyocera (6971.T) slipped, with renewed worries about the U.S. economy and fallout from the credit crisis also weighing on the market. The fall, which came a day after the benchmark Nikkei made its greatest one-day percentage gain in six years, was also fed by a slide in financial firms such as Mizuho Financial Group (8411.T), Japan's No. 2 bank.

The Nikkei was down 1.5 percent at midsession after falling to within a breath of 2 percent, at 13,423.93. The broader TOPIX was down 0.9 percent at 1,321.10.

(Reporting by Elaine Lies)



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