Sanae Takaichi's Landslide Win Propels Markets to Records

Sanae Takaichi and the Liberal Democratic Party secured a historic supermajority in Japan's parliamentary elections, sending the Nikkei 225 index to a record high above 57,000.The surge followed a significant market recovery in the USA where the Dow Jones Industrial Average closed above 50,000 for the first time as technology stocks like Nvidia and Broadcom rebounded.Geopolitical developments saw Hong Kong sentence Jimmy Lai to 20 years in prison while Italy's UniCredit reported a record annual profit of €10.6B.