URGENT: Nikkei extends gains, rises over 2% at one point in morning

©Kyodo News

The Nikkei stock index continued its upbeat tone in early morning trading Wednesday, briefly rising over 2 percent, or 500 points, after a Wall Street rally overnight pushed the Dow to close above 30,000 for the first time.

The 225-issue Nikkei Stock Average topped the 26,700 level at one point amid easing uncertainty over the U.S. presidential transition process and the development of coronavirus vaccines.