The Nikkei rose by 2.19%, closing the day at 39,098.68. Notably, the 34-year span it took to recover from the final trading day of 1989 when it closed at 38,915.87, is a decade longer than the time Wall Street took to rebound from the losses incurred during the 1929 crash and Great Depression.
On Thursday, Europe’s Stoxx 600 index reached a new peak at 495.77 points, surpassing the previous high of 495.46 in January 2022.
In the US, the Nasdaq, particularly significant for Nvidia, showed an increase of over 2% at the opening, reaching 15,920. The Dow Jones rose nearly 250 points, or 0.6%, to reach 38,858, while the S&P 500 gained 82 points, or 1.6%, setting a record high at 5,063.55.