Tokyo stocks hit record as Asia rally continues on Iran ceasefire hopes
Japanese shares hit a record as regional markets rose on growing optimism that the United States and Iran will extend a ceasefire to pursue talks and reopen the Strait of Hormuz.
Japanese stocks reached a record high Thursday as Asian equities extended the week’s rally. Investors were encouraged by heightened optimism that the United States and Iran will extend their ceasefire for further talks to end their war and reopen the Strait of Hormuz.