Asia markets mostly rise as Dow tops 48,000 for first time; traders eye U.S. government reopening

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View of the Skytree from Ueno and Asakusa in Tokyo

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Asia-Pacific markets mostly rose Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared poised to reopen as soon as the end of the week.

Japan's benchmark Nikkei 225 index rose 0.23% in early trading, while the Topix added 0.62% to hit a record high.

Shares of SoftBank Group continue to fall for a second consecutive day, plunging more than 5%, after the Japanese giant said Tuesday it sold its entire $5.8 billion stake in Nvidia in October, to fund its OpenAI bet.

Australia's S&P/ASX 200 was down 0.25%.

Futures for Hong Kong's Hang Seng Index pointed to a lower open, trading at 26,899, against the index's previous close of 26,922.73.

South Korean markets are slated to open an hour later today at 10 a.m. local time due to the national college entrance examinations.

U.S. equity futures ticked lower in early Asian hours after a continued market rotation powered the Dow Jones Industrial Average to record its first close above 48,000 Wednesday stateside.

Overnight, the 30-stock Dow closed up 326.86 points, or 0.68%, at 48,254.82. The index also hit a fresh all-time intraday high in the session. The S&P 500 traded around the flatline, settling up 0.06% at 6,850.92, while the Nasdaq Composite dropped 0.26% to finish at 23,406.46.

— CNBC's Sean Conlon and Pia Singh contributed to this report.

Correction: This article was updated to accurately reflect the opening hours of South Korean markets.

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