Nikkei briefly tops 30,000 mark in morning on solid growth data
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The Nikkei stock index briefly topped the 30,000 mark for the first time in over 30 years Monday morning, boosted by better-than-expected October-December Japanese gross domestic product data and hopes for early passage of a massive U.S. stimulus. The 225-issue Nikkei Stock Average, which has risen nearly 7 percent this month, hit 30,006.46, its highest intraday level since Aug. 3, 1990, marked during Japan's asset-inflated bubble economy period. The benchmark Nikkei index ended the morning session up 347.11 points, or 1.18 percent, from Friday at 29,867.18. The broader Topix index of all Firs...