The Wall Street Journal reports,"asian stocks fell Monday, with a rout Friday in U.S. technology stocks also taking hold in Tokyo".
Japan's Nikkei 225 stock index led decliners in early trade, falling 1.4% to 14855.62. Tech stocks took the brunt of the selling, sending electronics maker Panasonic Corp. down 3.6% and semiconductor equipment-maker Tokyo Electron off 3.1%.
High-flying technology stocks around the world have registered widespread losses in the past month as investors start to question fast-rising valuations. The tech-heavy Nasdaq fell 2.6% Friday in the U.S., its biggest daily slide since Feb. 3.
Elsewhere in Asia Monday, South Korea's Kospi Composite fell 0.4% to 1979.84.Samsung Electronics —the world's largest maker of smartphones and the biggest constituent of the index—declined 0.3%.
