Japan’s Nikkei 225 index hit 58,000 points for the first time in history on Thursday, extending a post-election rally to a new high, driven by renewed confidence in domestic politics and the ruling government’s economic agenda.

The Topix gained 0.45%.

Other markets in Asia also shrugged off stronger-than-expected U.S. jobs data, which dampened expectations of a Federal Reserve interest rate cut and sent U.S. stocks lower overnight.

South Korea’s Kospi rose 1.12% and the small-cap Kosdaq gained 0.22%.

Australian S&P/ASX 200 Index It rose 0.42% in early trading.

Hong Kong Hang Seng Index futures were at 27,206 points, lower than the Hang Seng Index’s last closing point of 27,266.38 points.

Overnight in America, Dow Jones Industrial Average Three-day winning streak ends after better than expected January jobs report.

The blue chip index fell 66.74 points, or 0.13%, to close at 50,121.40. this S&P 500 Index It was almost unchanged at 6,941.47. this Nasdaq Composite Index It fell 0.16% to close at 23,066.47 points.

The US Bureau of Labor Statistics’ January non-farm payrolls report showed job growth of 130,000 in January. Economists polled by Dow Jones expected a gain of 55,000 points. Job growth in December was revised down to 48,000.

Strong labor market reduces chances of central bank rate cut Fed.

The jobs report comes after weaker-than-expected consumer data on Tuesday. The report indicates Consumer spending flat in Decembermissing the 0.4% monthly gain expected by economists polled by Dow Jones.

—CNBC’s Sean Conlon and Liz Napolitano contributed to this report.