Nikkei Index Surpasses 45,000 Mark... Sets Another Intraday Record High

The Nikkei 225 Average, Japan's leading stock market index (hereafter referred to as the Nikkei Index), surpassed the 45,000 mark for the first time during intraday trading, setting a new all-time high.

AFP Yonhap News

On September 16, the Nikkei Index started higher and reached 45,055 at around 9:11 a.m.

Market analysts attribute this to the strong performance of major indices in the U.S. stock market. On September 15 (local time), the Dow Jones Industrial Average, which is centered on blue-chip stocks, closed at 45,883.45, up 49.23 points (0.11%) from the previous trading day. The S&P 500 Index, which focuses on large-cap stocks, rose 30.99 points (0.47%) to 6,615.28, while the tech-heavy Nasdaq Index jumped 207.65 points (0.94%) to close at 22,348.75. All three indices reached new all-time highs.

The Nikkei Index also cited progress in high-level trade negotiations between the United States and China, as well as expectations of a rate cut by the U.S. Federal Reserve, as positive factors. The Nikkei Index continues to set new record highs, following last week's performance.