The Nikkei 225 Index climbed 1.8% to above 71,000, while the broader Topix Index advanced 1.6% to 4,078 on Thursday, with both benchmarks reaching fresh record highs after President Donald Trump signed an interim agreement to end the conflict with Iran and reopen the Strait of Hormuz. The deal eased concerns over Japan’s economy, which depends heavily on energy imports from the Middle East. Japanese equities also shrugged off an overnight selloff on Wall Street following signals from the US Federal Reserve that support for a rate hike this year is increasing. Financial stocks led the rally, with gains from Mitsubishi UFJ Financial Group (2.8%), Sumitomo Mitsui Financial Group (3.7%), and Mizuho Financial Group (2.7%). Technology shares also moved higher, including Kioxia Holdings (3%), Tokyo Electron (3.5%), and SoftBank Group (4.5%).