Nikkei index hits record high for 2nd straight day after LDP's election win

The Nikkei stock index on Tuesday rose to a record intraday high for the second straight day on hopes for expansionary fiscal policies after Japan's ruling Liberal Democratic Party scored a landslide victory in a general election.At 9:41 a.m., the 225-issue Nikkei Stock Average climbed 1,011.06 points, or 1.79 percent, from Monday to 57,375.00. The broader Topix index was up 56.90 points, or 1.50 percent, at 3,840.47, also climbing to an all-time intraday high.On the top-tier Prime Market, the main gainers were nonferrous metal, consumer credit, and information and communication issues.At 9…READ FULL ARTICLE