Tokyo's Nikkei ends above 35,000 for first time since 1990

Tokyo's Nikkei index closed above 35,000 for the first time in nearly 34 years on Thursday, buoyed by hopes for a perkier economy after decades of deflation. The Nikkei 225 ended the day at 35,049, up 1.8 percent from Wednesday.

It is the first time since February 1990 that the index has reached that level. Analysts say investors' expectations are growing for Japan's economic outlook on the back of robust corporate performance.