Tokyo stocks end at record high after U.S., Iran agree to end war

Tokyo stocks ended at record highs Monday, with the Nikkei stock index closing above 69,000 for the first time after briefly surging over 5 percent, as investor sentiment was lifted after both the United States and Iran said they have agreed on a memorandum of understanding to end their war.The 225-issue Nikkei Stock Average ended up 3,297.46 points, the second largest rise on a closing basis, or 4.99 percent, from Friday at 69,317.50.The index extended gains briefly to 3,662.19 points, the biggest-ever gain during trading, to an intraday high of 69,682.23.The broader Topix index finished 1…READ FULL ARTICLE