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Japan's Nikkei index surged over 6% on May 2, crossing the 63,000-point mark for the first time in history. Analysts credited the rally to expectations of BOJ monetary policy and a global economic recovery. Shares of technology and export giants led the gains.
The Nikkei index surged more than 3% on May 2, its strongest rally in months, as optimism grew over a possible ceasefire in the Middle East. The uptick, fueled by peace talk signals, spread across Asian markets and lifted export and energy shares.
Japan's Nikkei index surged more than 5% on May 2, its biggest gain in months, as hopes for a ceasefire in the Middle East boosted investor sentiment. The rally spanned export, tech, and financial stocks, reflecting eased geopolitical concerns.
Japan's Nikkei index surged more than 5% on May 2, hitting a new intraday high on hopes of a US-Iran deal to end the Middle East conflict. Crude oil futures also fell, boosting investor sentiment.
