On December 30, 2024, Japan's Nikkei Stock Average closed at 39,894.54, marking a 386.62 point decline from the previous trading day. Despite this drop, the year-end figure represents the highest closing price for the Nikkei since 1989, surpassing levels not seen in 35 years. The index had briefly dipped below the 40,000 mark during trading, reflecting volatility influenced by a downturn in U.S. stocks and concerns about the economic policies of the incoming Trump administration in 2025. The Nikkei had risen nearly 20% over the course of the year, highlighting a tumultuous yet record-setting year for Japanese equities.