Japan's Nikkei jumped more than 1 percent at the close of trading on Tuesday, amid improved investor confidence as bets increased on a U.S. interest rate cut this year and technology stocks continued to gain.

The Nikkei index rose 1.57 percent to 38,835.10 points, its highest closing level since April 15.

The broader Topix index closed 0.65 percent higher at 2,746.22 points.

U.S. stocks gained fresh momentum as markets raised expectations for a Federal Reserve rate cut this year. Friday's U.S. jobs report showed growth slowed more than expected in April, boosting stock buying.

Japanese stocks rose broadly on the positive news, with 152 of the 225 stocks on the Nikkei index posting gains.

Japanese technology shares rose as investors returned from a long weekend to get a boost from Wall Street's performance after U.S. tech giant Apple reported upbeat earnings results. The session's gains were largely supported by a nearly 600-point rise in the Nikkei average.

Japanese financial markets remained closed on Friday and Monday for a public holiday.

In corporate stocks, chip-making equipment giant Tokyo Electron jumped 5.2 percent, lifting the Nikkei 179.47 points alone, while chip-related company Disco Corp jumped 9 percent to record the day's best performance.

SoftBank Group Corp, which invests in startup stocks focused on artificial intelligence, rose 3.7 percent. Chip testing equipment maker Advantest rose 2.3 percent.

Away from technology, shares of Fast Retailing, owner of clothing brand Uniqlo, rose 3.2 percent, lifting the Nikkei index 126.51 points.

But shares of Sony Group and Daiichi Sankyo Pharmaceutical fell 2.9 percent and 3.2 percent, respectively.