Tokyo stocks were mixed in early trading Thursday with technology stocks climbing following U.S. chipmaker Nvidia Corp.'s robust earnings, but some caution prevailed after the latest Federal Reserve minutes suggested interest rates could remain high for longer.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 27.05 points, or 0.07 percent, from Wednesday to 38,644.15. The broader Topix index was down 11.98 points, or 0.44 percent, at 2,725.38.

On the top-tier Prime Market, gainers were led by precision instrument and electric appliance issues, while oil and coal product, and nonferrous metal issues were the top decliners.

At 9 a.m., the U.S. dollar fetched 156.74-77 yen compared with 156.77-87 yen in New York and 156.40-41 yen in Tokyo at 5 p.m. Wednesday.

The euro was quoted at $1.0823-0827 and 169.63-72 yen against $1.0817-0827 and 169.62-72 yen in New York and $1.0857-0859 and 169.81-85 yen in Tokyo late Wednesday afternoon.

==Kyodo

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