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Tokyo Leads Asia Stocks Rally on Mideast Peace Hopes and AI Demand

Optimism that the Iran war may be nearing its end and renewed demand for AI-driven assets propelled a strong Asian stock surge led by Tokyo's Nikkei.

Published May 6, 2026, 11:01 PM EDT | WFMZZ

Tokyo's Nikkei index soared Thursday, leading a broad rally across Asian stock markets. The surge was fueled by growing optimism that the Iran war is close to ending and by a revival of demand for AI-related assets, lifting investor sentiment across the region.