Nikkei ends at new record high as hopes build for strong earnings

Tokyo's Nikkei index closed at an all-time high on Tuesday, driven by growing expectations for strong corporate earnings in the United States and Japan.The 225-issue Nikkei Stock Average logged its biggest daily point gain since April 24, ending up 799.47 points, or 1.96 percent, from Monday at 41,580.17. The broader Topix index finished 27.94 points, or 0.97 percent, higher at 2,895.55.On the top-tier Prime Market, gainers were led by electric appliance, nonferrous metal and precision instrument issues.The U.S. dollar moved narrowly around the 161 yen line amid a wait-and-see mood ahead of…READ FULL ARTICLE