Tokyo  - Stocks in Tokyo fell Tuesday after a drop in US industrial production and overnight declines on Wall Street.

The benchmark Nikkei 225 Stock Average declined 96.64 points, or 1.11 per cent, to close at 8,568.02.

The broader Topix index of all first-section issues also was down 18.31 points, or 2.16 per cent, at 828.62.

Investors were also cautious, traders said, as they await the results of a US Federal Reserve meeting later Tuesday. The central bank was expected to further slash interest rates.

On currency markets at midday (0300 GMT), the dollar was quoted at 90.45-50 yen, down from Monday's 5 pm quote of 90.95-98 yen.

The euro was quoted at 1.3705-10 dollars, up from 1.3440-43 dollars late Monday, and at 123.94-99 yen, up from 122.26-30 yen. (dpa)