Japan's Prime Minister Takaichi's Election Victory Boosts Nikkei 225 to Record Highs
Japan's Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP), secured a supermajority in the recent general election, allowing her to continue as the country's prime minister. This victory has given Takaichi the mandate to pursue her agenda, which includes increased spending and the suspension of certain food-related taxes. Following the election results, Japanese stocks surged, with the Nikkei 225 reaching a record high. The yen also strengthened against the dollar, reflecting renewed investor confidence. This development coincides with a rebound in U.S. markets, where tech stocks led a significant rally, pushing major benchmarks like the Dow Jones Industrial Average above 50,000 for the first time. 
