Takaichi Trade Fuels Nikkei As It Rockets Past 59,000, Dow Futures Sink Ahead Of Wholesale Inflation Number - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)

Japan's Nikkei 225 surged to a historic milestone of 59,000 on Thursday, and it was above the 58,800 mark on Friday, propelled by aggressive sentiment following Prime Minister Sanae Takaichi‘s election, even as U.S. futures signaled a sharp retreat for Wall Street ahead of critical inflation data.Record Highs In TokyoThe Nikkei 225 hit an all-time high of 59,000 during a third straight session of record-breaking gains on Thursday.This rally is being driven by the “Takaichi trade”, as investors bet that Prim ...