Japan’s Nikkei stock index jumps nearly 5% after its ruling party picked Takaichi to lead
Japan’s Nikkei stock index jumped nearly 5% on Monday and the yen weakened after its ruling party chose an ultra-conservative as its leader and likely first woman prime minister. Other Asian markets also were mostly higher. U.S. futures climbed and oil gained about $1 a barrel. The Liberal Democrats elected Sanae Takaichi, an ally of…