Japan's Nikkei stock index breaches 30,000-mark for first time in over 30 years

Japan's Nikkei stock index went past the 30,000-mark for the first time in more than 30 years. The gains made on Wall Street late last week reflected on the stock index's rally. The 225-issue Nikkei Stock Average reached 30,006.46, its highest level since Japan's asset-inflated bubble economy period. The rise in the stocks came at the time when Japan approved its first COVID-19 vaccine for use in the country.