Global stock markets experienced significant gains this week as optimism grew over potential peace negotiations between the U.S. and Iran. The Dow Jones Industrial Average reached record highs, closing above 50,000 for the first time in four trading days, while Japan's Nikkei index surged over 2% on hopes for geopolitical stability. Asahi Shimbun+2
The Dow Jones Industrial Average soared to 52,285.66, marking its first peak since February, with IBM leading gains after securing $1 billion in government support for quantum computing. Simultaneously, the Nikkei Stock Average closed at 63,339.07, its highest level in years, driven by strong performances in tech and semiconductor stocks. Asahi Shimbun+2
Market movements were heavily influenced by developments in U.S.-Iran relations, with President Trump announcing negotiations were in their "final stages." This news caused oil prices to stabilize and boosted investor confidence across global markets, particularly benefiting technology shares like SoftBank Group. Mainichi Shimbun+2
Despite the overall upward trend, markets showed signs of fluctuation with the Nasdaq Composite dropping 126.7 points at one point before recovering. Analysts caution that while the peace process has created optimism, ongoing oil price movements and bond yields could still impact future performance. Chosun Ilbo+2