The Nikkei Average opened 0.85% higher than the previous day at 64,681.55, extending its gains for a second straight session. With the rise in crude oil prices and US Treasury yields pausing, gains in US technology stocks prompted buying at the open.
The Nikkei Average opened 0.85% higher than the previous day at 64,681.55 in the Tokyo stock market, extending its gains for a second straight session.
With the rise in crude oil prices and US Treasury yields pausing, US stocks, particularly technology shares, moved higher, prompting buying at the open.
The index has struggled somewhat to extend its gains since the open. The Bank of Japan's monetary policy meeting decision and the governor's press conference are scheduled for today, and there also appears to be a wait-and-see mood among investors.
AI and semiconductor-related stocks, including Advantest and Tokyo Electron, rose sharply. SoftBank Group was firm. Among major stocks, Toyota Motor was flat, while Sony Group and Fast Retailing were weak.