Nikkei Tops 70,000 for First Time Since July

Japan's Nikkei stock index briefly surpassed the 70,000 mark during Monday's trading session, marking the first time the benchmark has reached that level since early July, according to Kyodo News.

The advance was driven mainly by large-cap technology shares. Market sentiment improved as expectations that the U.S. Federal Reserve might raise interest rates grew more remote, the report said.

The move reflects a recovery in Japanese equities as investors closely track monetary policy signals from the United States.