Nikkei briefly jumps 5% in morning after Japan ruling LDP's election win

The Nikkei stock index briefly jumped over 5 percent on Monday morning to surpass 57,000 for the first time after Japan's ruling Liberal Democratic Party scored a landslide victory in the House of Representatives election.The 225-issue Nikkei Stock Average climbed 2,410.17 points, or 4.44 percent, from Friday to end the morning session at 56,663.85. The index logged the second-biggest points gain in history of over 3,000 points on an intraday basis, according to SMBC Nikko Securities Inc.The broader Topix index was up 86.59 points, or 2.34 percent, at 3,785.59, after hitting a record intrad…READ FULL ARTICLE