Japan's Nikkei hits 32,000, reaching 33-year high

TOKYO -- The Nikkei Stock Average continued to rise on the Tokyo stock market on Monday, closing at 32,217.43, the highest in 33 years. The index jumped 2.2% from the previous week's close, posting the largest gain this year as many say the rally is being driven by fading concerns over the U.S. debt ceiling issue.