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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsNikkeiStocks

Japanese Shares Rally as Oil Drops

The Nikkei 225 Index soared 2.7% to around 65,000, while the broader Topix Index added 1% to 3,930 on Monday, with Japanese equities climbing to fresh record highs as oil prices declined amid signs that the US and Iran were moving closer to a deal to reopen the Strait of Hormuz. A full reopening of the key shipping route would provide relief for major Asian economies heavily dependent on Middle Eastern oil imports, while softer crude prices also help ease inflationary pressures and concerns over additional interest rate hikes. Technology and artificial intelligence-related shares further lifted the market, with SoftBank Group now up roughly 40% over the past three sessions following reports that two of its portfolio companies, OpenAI and SB Energy, are advancing toward US initial public offerings. Other notable tech gainers included Kioxia Holdings (+5.6%), Fujikura (+6.7%), Ibiden Co (+7.3%), Advantest (+4.5%) and Lasertec (+10%).

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