Japanese stocks are on fire. Here’s what’s driving the hot streak.

Japanese stocks remain hot, with the Nikkei 225 continuing to trounce the U.S. equities market this year as it posted a fresh record peak on Thursday.

Japan's Nikkei 225 index JP:NIK rallied 4.6% Thursday, recovering from a brief pullback. Prior to that, the index on Monday notched a sixth-straight record closing high — its first such streak in nearly 40 years, according to Bespoke Investment Group.

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"Japan is finally seeing that its companies are getting pricing power because of the exit from deflation," Jimmy Chang, chief investment officer at Rockefeller Global Family Office, said in an interview. "We still like the Japanese equity market relative to other international markets."

The Nikkei finished trading on Thursday with a hu

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/world-indices/articles/japanese-stocks-fire-driving-hot-204800375.html)