TOKYO -- Japan's benchmark Nikkei Stock Average on Thursday erased losses from its large fall in early August as concerns over the U.S. economic outlook receded.
The Nikkei average closed at 38,211.01, up 259.21 points, or 0.68%, from Wednesday and above its Aug. 1 closing of 38,126.33. The average on Aug. 2 recorded its then-second-largest fall (now third) of 2,216.63 points. Its largest-ever fall of 4,451.28 came on the next business day, Aug. 5.
