The Nikkei 225 rose approximately ¥700, as relief spread through the market following U.S. CoreWeave's earnings announcement. The South Korean market also turned positive.
In the Tokyo market, the Nikkei 225 was up approximately ¥705 from the previous day, trading at around 61,164.78. The move reflects prices as of 10:34 Tokyo time.
The earnings announcement from U.S. data-center company CoreWeave prompted growing views that investors' risk appetite had recovered, providing a buying catalyst for Japanese stocks. The South Korean market also remained in positive territory in tandem.
At the same time, the Korea Composite Index was up 54.83 at 5,293.96, indicating that buying pressure was extending across Asian equities alongside the Nikkei's gains.