TOKYO -- Japan's benchmark Nikkei Stock Average hit an all-time high Thursday, as investors snapped up risk assets following dovish remarks by the U.S. Federal Reserve.
Dovish stance of U.S. Fed encourages investors to buy risk assets

In the last three business days, the Nikkei Stock Average has risen more than 2,000 points, suggesting short-term investors are jumping back into the market. (Photo by Rie Ishii)
TOKYO -- Japan's benchmark Nikkei Stock Average hit an all-time high Thursday, as investors snapped up risk assets following dovish remarks by the U.S. Federal Reserve.