
Following Prime Minister Sanae Takaichi’s supermajority victory, Japan’s Nikkei 225 breached 57,000 for the first time amid a $135 billion stimulus plan and global market rallies.
Japan’s Nikkei 225 index surged 3.4% to surpass 57,000 for the first time after Prime Minister Sanae Takaichi’s decisive supermajority win in the general election. The mandate paved the way for a $135 billion fiscal stimulus package focused on infrastructure and tax cuts. The resulting “Takaichi Trade” boosted gold above $5,000 per ounce and sent bitcoin briefly to $72,000 before stabilizing above $70,000. U.S. futures also rose, with President Donald Trump and Treasury Secretary Scott Bessent congratulating Takaichi. Trump aims for the Dow Jones to hit 100,000 by the end of his term, after it breached 50,000 last Friday.