TOKYO, March 5 (Reuters) - Japanese shares fell for a second straight session on Friday as overnight declines on Wall Street prompted domestic investors to sell index heavyweights and high-flying technology shares. The Nikkei share average.N225 lost 2.14% to 28,311.11 by 0200 GMT, while the broader Topix.TOPX was down 1.13% to 1,863.45. U.S. equities ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields..N urn:newsml:reuters.com:*:nL2N2L2262 U.S. Treasury yields jumped during U.S. trading hours after Powell's speech, sending the 10-year yield to top 1.5%. "The move of the U.S. long-term bond yields is now the centre of the attention for stock investors," said Yoshihiro Takeshige, general manager at investment management department of Asahi Life Asset Management. "If the move of yields will become out of control, Japan's market could be dragged lower led by declines in U.S. technology shares." Heavyweights Fast Retailing9983.T , the operator of Uniqlo clothing stores, fell 5.08%, weighing on the index the most. Chip manufacturing equipment maker Tokyo Electron8035.T and SoftBank Group9984.T fell 4.63% and 2.28%, each. Other chip-related shares, which led this year's rally, retreated, with Advantest6857.T falling 4.03% and Fanuc6954.T losing 1.61%. The stocks that gained the most among the top 30 core Topix names were Kao4452.T , which rose 1.69%, followed by Seven & i Holdings3382.T , edging up 0.6%. The underperformers among the Topix 30 were Recruit Holdings Co6098.T , down 6.57%, followed by SoftBank Group. There were 67 advancers on the Nikkei index against 155 decliners. (Reporting by Junko Fujita; editing by Uttaresh.V) ((813-4563-2711, junko.fujita@thomsonreuters.com, Reuters Messaging:junko.fujita.reuters.com@reuters.net;))

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