The Nikkei average started slightly higher in Tokyo trading on the 12th, opening at ¥61,475.11, up ¥226.52 from the previous day. The gain later widened to about ¥400 at one point.
The Nikkei average started higher, albeit modestly. It traded at an opening level of ¥61,475.11, up ¥226.52 from the previous day.
All 3 major U.S. indexes rose, led by AI-related stocks, improving investor sentiment and prompting buying in Tokyo. AI cloud company CoreWeave was reported to have posted strong quarterly results, leading to early buying of AI-related stocks.
Against the backdrop of improved investor sentiment, buying progressed mainly in AI-related stocks, and the Nikkei widened its gain temporarily.