Nikkei reaches record high as Asian markets rally on Japanese election results

Asian stocks rose Tuesday as Japan's Nikkei hit a record high following Prime Minister Sanae Takaichi's election win. The U.S. dollar stayed near monthly lows.

Insights:
Tokyo’s Nikkei 225 reached a fresh record high on February 10, 2026, following the decisive election victory of Japanese Prime Minister Sanae Takaichi. The political result in Japan JPJP sparked an extended rally in domestic equities that lifted regional markets across the board. This immediate market reaction occurred as investors processed the implications of the leadership transition, driving gains in the MSCI Asia-Pacific (ex-Japan) index .
A worker mops in front of an electronic board displaying the Nikkei share average and the level of Japan's 10-year government bonds outside a brokerage in Tokyo, Japan, February 9, 2026. REUTERS/Kim Kyung-Hoon
A worker mops in front of an electronic board displaying the Nikkei share average and the level of Japan's 10-year government bonds outside a brokerage in Tokyo, Japan, February 9, 2026. REUTERS/Kim Kyung-Hoon
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