Nikkei index breaches 29,000-mark on strong corporate earnings

Japan's blue-chip gauge up 2%; broader Topix index hits highest since 1991

20210208 nikkei stock on Feb. 8

An electronic board showing the Nikkei Stock Average in Tokyo on Feb. 8: Strong corporate earnings have pushed Japan's stock indexes to around 30-year highs. (Photo by Rie Ishii)

JADA NAGUMO, Nikkei staff writer

TOKYO -- Japan's benchmark Nikkei Stock Average climbed above 29,000 to its highest point in more than 30 years Monday, as investors welcomed positive earnings reports and progress around U.S. stimulus talks.

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