TOKYO, Aug 12 (Reuters) - Japan's Nikkei share gauge

climbed to a record high on Tuesday, following similar

feats this year by other global markets.

The Nikkei 225 rose as much as 2.1% to 42,689.74 in early

trade, exceeding the previous high of 42,426.77 set on July 11,

2024. In a roller-coaster ride in 2024, the Nikkei had exceeded

a record that had stood since 1989 during Japan's bubble

economy.

Japan's broader Topix has been setting successive

record highs since July 24 and also scored a new all-time high

on Tuesday.

The U.S. Standard & Poor's 500 and MSCI's broadest

gauge of global equities have been charting new

peaks since June.

Global equities tumbled after U.S. President Donald Trump's

April 2 "Liberation Day" announcement of sweeping tariffs on

imports from dozens of countries into the U.S.

Shares have since more than recouped those losses as trade

concerns abated and enthusiasm over artificial intelligence

companies soared.