Japan's Nikkei 225 index , a price-weighted index of 225 Japanese stocks, has also hit an historic high.
A few months before that, on December 29, 1989, Japan's Nikkei 225 Index hit an historic high that stood until this week.
That's about the amount the U.S. stock market dropped at the start of the Great Depression, from 1929 to 1932.
.N225 5Y mountain Nikkei 225 Index in past five years.
The Japanese stock market took 20 years.
Persons:
it's, Japan's, Minoru Isutani, Arnold Palmer, Richard Ferris, Peter Ueberroth, Clint Eastwood, Nori, Bart Wakabayashi
Organizations:
Nikkei, CNBC, Japan's Nikkei, Mitsubishi, Rockefeller Center, Lone Cypress Company, Sumitomo Bank, Taiheiyo, Lone Cypress, Toyota, Honda, Sony, Hitachi, Nintendo, Sumitomo Mitsui, Japan Hedged Equity, Dow Jones, Tokyo Stock Exchange, Retailing, Softbank, Vision Fund, Foreign, Bank of Japan, White Oak Capital, Reuters
Locations:
Tokyo, New York, Japanese, California, Japan, U.S, Singapore