LOS ANGELES (MarketWatch) — Japanese stocks reversed modest early gains Tuesday to trade lower, with some tech shares turning south and auto makers also moving down. The Nikkei Stock Average gave up 0.4% to 9,550.16, while the Topix was down 0.2% at 837.46. Chip maker Elpida Memory Inc. was down 1.8% after HSBC cut its target price on the stock, while other technology shares also gave up ground, including Renesas Electronics Corp. , which was off 1.1% after rising 0.7% in the opening minutes. Auto shares were broadly lower, with Toyota Motor Corp. 0.7% lower after reporting a mild 9% gain in Chinese sales for September. Honda Motor Co. dropped 0.6%, and Mitsubishi Motors Corp. was down 1%. In the retail space, Fast Retailing Co. fell 7.3% after cutting its profit forecast for the fiscal year.

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