Japanese stocks have been stuck trading below their peak for more than a year, hit by the trade war, then by political instability and increasingly by fiscal concerns.
The Nikkei 225 index is down 3.87% on year, and off by more than 6% from its record of 42,426.77 reached on July 11, 2024.
This comes as indexes globally are rallying, with the Standard and Poor¡¯s 500 and the Nasdaq Composite indexes in the U.S., Germany¡¯s DAX and South Korea¡¯s Kospi all at or near records.
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