Japan's Nikkei 225 Reaches Record High Amid U.S.-Iran Deal Hopes
Japan's Nikkei 225 index surged to a record high, closing 2.38% higher at 59,518.34, driven by gains in technology and consumer cyclical stocks. This rise is part of a broader rally in Asian markets, influenced by optimism surrounding a potential peace deal between the U.S. and Iran. The S&P 500, Nasdaq, and Dow Jones have also seen significant gains, with the S&P 500 recovering from previous losses related to the Iran conflict. President Trump indicated in a recent interview that the conflict with Iran is nearing an end, suggesting that Tehran is eager to negotiate. A White House official mentioned that a second round of negotiations is being considered, although no official schedule has been set.