Japan’s Stocks Set to Jump on US Tech Rally, Iran Deal Optimism

Japanese stocks are set to surge as markets reopen from holidays, as investors catch up with the global equities rally driven by optimism the US and Iran were nearing a deal to end their conflict.

Nikkei 225 Stock Average futures expiring in June on the Chicago Mercantile Exchange traded at 61,920 as of 8:12 a.m. in Tokyo. The underlying index closed at 59,513.12 on May 1 before the Golden Week holiday. Oil steadied after plunging 7% in the previous session.