India, Aug. 5 -- Japan's benchmark Nikkei 225 Index surged more than 3% on Wednesday, August 5, crossing the 66,000 mark for the first time in nearly two weeks. Strong gains in technology and semiconductor stocks, record highs on Wall Street, and easing concerns over global oil prices boosted investor confidence.

How Did The Nikkei Perform Today?

Japan's Nikkei 225 Index closed at 66,030.81, gaining 2,073.28 points, or about 3.24%, on Wednesday. The broader Topix Index also moved higher, rising 1.2% to close at 4,009, reflecting broad buying across the Tokyo Stock Exchange. The Nikkei touched an intraday high of 66,170.04, while its lowest level during the session was 64,555.52.

What Drove The Market Rally?

The biggest boost came from...