Global markets today: Japan's Nikkei surges 5% to hit record high on PM Takaichi's victory

Key Highlights

• Nikkei 225 index soared 5.7% to a record high of 57,337.07.
• Expectations of increased government investment are driving market optimism.
• Technology and machinery stocks were the primary contributors to the gains.
• The Japanese yen strengthened against the US dollar, reaching 156.88.
• Takaichi's ruling coalition achieved a commanding majority in the lower-house election.