Japan’s equities closed up 4.3% on Friday on the strength of the yen, its strongest level in more than a year as the economy continues to improve.

The Nikkei 225, which tracks Japan’s benchmark index, closed up 0.9%, the Nikkeis largest daily gain.

The Shanghai Composite closed up 1.6% to 7,928.70 points, its biggest weekly gain in more years.

The FTSE 100 closed up 3.5% to 6,926.30, its largest daily loss in more months.

The S&P 500 gained 0.8% to 2,639.60, its best gain in almost four years.

The Nasdaq Composite gained 0