Nikkei 225 Index Reaches Record High Amid Yen Weakness

According to BlockBeats, Japan's stock market surged as the yen weakened and concerns over the impact of U.S. tariffs on earnings eased. The Nikkei 225 Index climbed to a historic high, marking another global record-breaking major stock index this year. In early trading, the index reached a peak of 42,613.63 points, surpassing the previous high of 42,426.77 points set on July 11, 2024. Earlier in 2024, the Nikkei 225 had already broken the historical record set during Japan's economic bubble in 1989. The broader Topix Index, which more comprehensively reflects the performance of the Japanese stock market, has also been setting new records since July 24. Technology and banking stocks led the gains, with SoftBank Group rising 5.0% and Mizuho Financial Group increasing by 2.2%.