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Asian stocks rally to records as US signals Iran progress

International
Published on 6 May 2026
Asian stocks rally to records as US signals Iran progress

Iran talks hint sparks tech surge while oil slips

Asian markets climbed to record highs as President Trump suggested meaningful progress in Iran negotiations, easing geopolitical fears. The mood lifted tech shares, with South Korea leading the gains, while Brent crude fell. U.S. stock futures also rose, as investors expect lower inflation pressures and continued economic strength, driven by improving sentiment and softer energy costs.

  • Asian stocks hit record highs on optimism around Iran talks
  • Tech shares surged, especially in South Korea
  • Brent crude prices fell as risk premium eased
  • U.S. futures climbed on hopes for lower inflation
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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