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Asian Stocks Rise as Tech Earnings Lift US Futures and Oil Wavers Amid Hormuz Signals
International
Published on 4 May 2026
Iran warned even as Trump signaled possible guidance
Asian markets opened higher with South Korea leading gains as strong tech earnings supported US equity futures. Traders stayed cautious after record US highs while crude oil fluctuated on mixed Middle East signals. Optimism followed President Trump’s comments about guiding ships through the Strait of Hormuz, but Iran’s warning added uncertainty for what comes next.
- South Korea led Asian gains as US futures firmed
- Tech earnings helped underpin Wall Street momentum
- Crude oil fluctuated amid shifting Middle East signals
- Hormuz hopes rose, but Iran’s warning clouded the outlook
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times