Nikkei ends above 30,000 mark for 1st time in over 30 years

Upbeat corporate earnings, hopes for a U.S. recovery and robust growth data for Japan's pandemic-hit economy injected fresh vigor into the Tokyo stock market Monday, pushing the Nikkei index to close above the 30,000 mark for the first time in more than 30 years.The 225-issue Nikkei Stock Average ended up 564.08 points, or 1.91 percent, from Friday at 30,084.15, its highest close since Aug. 2, 1990, when the Japanese economy was experiencing an asset bubble.The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 20.06 points, or 1.04 percent, up at 1,953.94,…READ FULL ARTICLE