The Nikkei 225 continued to trade slightly higher after opening. While CoreWeave's strong earnings brought a sense of reassurance to the market, the lack of catalysts limited further gains.
The Nikkei 225 opened at ¥60,525.30, up 0.11% from the previous day, in the Tokyo stock market. Although US stocks were weak, strong earnings from CoreWeave, a US cloud upstart, supported market sentiment.
Among individual stocks, bank stocks such as Mitsubishi UFJ Financial Group were firm, while Fast Retailing also remained strong.
Meanwhile, Advantest, a major semiconductor test equipment maker, traded slightly lower, and SoftBank Group opened with a sell indication.
Overall, despite the market's higher opening, trading continued to lack a decisive catalyst, with stocks continuing to move around the previous day's close.