Dollar wobbles as markets cling to hopes for Middle East peace deal

TOKYO — Japan's benchmark Nikkei 225 stock average rocketed more than 2.8% to close at a record 65,158.19 on Monday, breaching the 65,000 mark for the first time as optimism over potential progress in U.S.-Iran negotiations eased fears about energy supplies and boosted global risk appetite.

Japanese shares pulled back after the Nikkei 225 crossed 65,000 on Monday.

Indian equity markets opened strongly, with Sensex surging 874 points or 1.15 percent to 76,289 and Nifty climbing 264 points or 1.11 percent to 23,983 in early trade.

The peso posted its strongest close in several sessions after trading near record lows earlier this month.