Posted 1/10/2024, 12:02:00 PM
Nikkei Surges to Over 34,000, Hits 32-Year High
- The Nikkei Stock Average rose 2.01% on Jan. 10 to close at 34,441.72, its highest finish since February 1990
- The surge was led by gains in high-tech and high-dividend stocks
- Nintendo shares hit a record high driven by speculation surrounding oil money
- Nintendo hit 10 trillion yen in market cap for the first time in 16 years
- The close was the Nikkei's second consecutive day of new highs since the collapse of the bubble economy