Nikkei average surges above 69,000 to record high (opens original article in a new tab)

Japan's Nikkei 225 surged to a record high above 69,000 on Monday, driven by optimism over a U.S.-Iran peace deal and lower oil prices.

• Nikkei 225 hit a record intraday high of 69,160.00 on Monday, up 4.76% from Friday's close
• The surge followed U.S. President Trump's announcement of a deal to end U.S.-Iran conflict and removal of the Hormuz naval blockade
• Investors bought stocks across the board, with expectations of continued buying in manufacturers and other sectors due to lower oil prices