Japan's Nikkei Hits Record High on Iran Deal Hopes

Japan's Nikkei stock index closed at an all-time high on May 25, 2026, surpassing 65,000 points for the first time. The rally was driven by investor optimism over a potential resolution to the Middle East situation involving Iran. The index also briefly crossed the 65,000 mark during intraday trading. The gains reflect broader market expectations that tensions between the US, Israel, and Iran may be easing.