TOKYO — The recent rally in Japanese stocks, which continued into a fifth straight trading day Monday, has been driven largely by entertainment-related names seen having both strong growth potential and some protection from tariffs and economic swings.
The Nikkei Stock Average closed up 1% on Monday at 40,487, its highest since July 17, 2024. The index is back in view of the record high of 42,224 after two big sell-offs — the “Black Monday” of last August and the tariff shock of this past April.
