Nikkei index breaks 59,000 points for the first time due to weakening prospect of early rate hike and Nvidia earnings.

Due to the weakening expectation of the Bank of Japan's upcoming interest rate hike and the strong performance of chipmaker Nvidia, Japan's Nikkei 225 index broke through the 59,000 point mark for the first time on Thursday, surpassing the record set in the previous trading day. The benchmark Nikkei 225 index rose 1.2% in early trading to 59,295.93 points. The broader Topix index also climbed 1.2% to 3,890.08 points, reaching a new all-time high. The Nikkei index saw 126 stocks rise and 43 stocks fall. So far, the Nikkei index has risen 16.4% this year.