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

TOKYO - 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.