Nikkei Stock Average touches 38,000 after rising more than 1,100 points – Nikkei Asia

Analysts offer mixed views as AI-related issues trigger Tuesday's big gain
TOKYO — Artificial intelligence stocks led a Tokyo rally on Tuesday, with the Nikkei Stock Average rising to 38,010.69 points at one point, up 1,113.27 from last week’s closing.
The average ended Tuesday trading at 37,963.97, up 1,066.55 points, or 2.89%, from Friday — a 34-year high last reached in January of 1990, when Japan’s bubble economy was beginning to show its first signs of trouble ahead. The 1,066-point, one-day jump was the largest in three years and 11 months, since March 25, 2020.
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