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Global Market Today: Asian stocks rise, oil falls as US cites Iran progress

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Global Market Today: Asian stocks rise, oil falls as US cites Iran progress
Asian stocks climbed and oil dropped after President Donald Trump signaled progress toward a final agreement with Iran, giving record-high global equities fresh momentum.

MSCI’s gauge for Asian equities climbed 1% to a record with technology shares leading the gains on renewed optimism for the artificial intelligence trade. South Korea, a poster child for AI investments, jumped 5% to an all-time high, with Samsung Electronics Co. reaching $1 trillion valuation.

Brent, the global crude oil benchmark, fell 1.3% to about $108 a barrel following Trump’s comments. The dollar, which emerged as the haven of choice during the Middle East conflict, weakened.

Contracts for the S&P 500 Index advanced 0.3% and those for the Nasdaq 100 climbed 0.7% after Trump’s comments, as cheaper oil bolstered expectations for easing inflation and stronger growth. The Wall Street gauges closed at a record high on Wednesday and the tech rally appeared to have more to run, with strong earnings from Advanced Micro Devices Inc. and Super Micro Computer Inc.

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With geopolitical risk premiums easing, the prospect of lower energy costs and reduced uncertainty improves the outlook for global growth, reinforcing support for equities even at record levels. The backdrop also dovetails with a revival in the artificial intelligence trade, as easing inflation pressures and improved sentiment bolster expectations for stronger corporate earnings.


“Our base-case for markets and the economy has been that there will be a near-term resolution between the US and Iran, allowing for energy prices to fall after the Strait of Hormuz is reopened,” said Chris Senyek at Wolfe Research.
Trump said he would pause a US-led effort to help stranded ships exit the Strait of Hormuz to see if an agreement with Iran to end the war could be finalized.“Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed,” Trump said in a social media post on Tuesday.

Cheaper oil lifted the debt market with US long bonds rebounding during the New York session, sending the 30-year yield back below 5%. Even so, bond traders are boosting wagers that the Federal Reserve’s next policy move could be an interest-rate hike rather than a cut.

Elsewhere, the yen strengthened 0.1% to about 157.70 per dollar. Gold rose 0.8% to about $4,590 an ounce.

The rebound in global stocks from their Iran war lows has been so narrow that the market is primed for broader gains triggered by even slightly positive news, according to strategists at JPMorgan Chase & Co. led by Mislav Matejka.

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“Many investors are trying to read the tea leaves on the next shoe to drop with the Iran war and oil prices, but stocks have historically moved on quickly from geopolitical events, and we believe this current issue is no different,” said Julian Koski at New Age Alpha.

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As Platner targets Senate seat, fellow Democrats hold their noses ahead of Maine primary

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As Platner targets Senate seat, fellow Democrats hold their noses ahead of Maine primary


As Platner targets Senate seat, fellow Democrats hold their noses ahead of Maine primary

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GameStop’s Ryan Cohen Is Ready to Talk About eBay. For Real.

GameStop’s Ryan Cohen Is Ready to Talk About eBay. For Real.

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Expanding AI Footprint Lifts Moat Stocks

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Wealthfront: This Earnings Sell-Off Opens A Great Entry Point (Rating Upgrade)

Wealthfront: This Earnings Sell-Off Opens A Great Entry Point (Rating Upgrade)

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United Airlines CEO says big merger unlikely after American rebuff, asset buys possible


United Airlines CEO says big merger unlikely after American rebuff, asset buys possible

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Brazil’s Embraer sees eventual China breakthrough for E2 jets


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Virtus Large Cap Growth SMA Q1 2026 Commentary

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Virtus Large Cap Growth SMA Q1 2026 Commentary

Virtus Investment Partners provides investment management products and services to individuals and institutions. We operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. We clearly understand the responsibility we have to our clients and we are committed to their success as investors.
For important disclaimers, go to https://www.virtus.com/social-media-guidelines. Note: This account is not managed or monitored by Virtus, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use the firm’s official channels.

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Israeli military police investigating soldier’s killing of 7-month-old Palestinian


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Weitz Ultra Short Government Fund Q1 2026 Commentary (Mutual Fund:SAFEX)

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Weitz Ultra Short Government Fund Q1 2026 Commentary (Mutual Fund:SAFEX)

Wally is the founder and President of Wallace R. Weitz & Company. Wally, a Chartered Financial Analyst, manages Hickory Fund and Partners III Opportunity Fund and co-manages Value Fund and Partners Value Fund.
Wally’s investment career began in 1961, at age 12, when he invested the profits from various entrepreneurial ventures. After going through a charting phase in high school, Wally discovered Benjamin Graham’s Security Analysis and was converted to value investing. After earning a B.A. in Economics at Carleton College in 1970, Wally spent three years in New York doing security analysis, primarily on the small companies in which G.A. Saxton made over-the-counter markets. In 1973 he joined Chiles, Heider & Co., a regional brokerage firm in Omaha, where he spent ten years as an analyst and portfolio manager. In 1983 he started Wallace R. Weitz & Company, and now heads a group of eight investment professionals that manages approximately $2 billion. Wally’s approach to value investing has evolved over the years. It combines Graham’s price sensitivity and insistence on a “margin of safety” with a conviction that qualitative factors that allow companies to have some control over their own destinies can be more important than statistical measurements, such as historical book value or reported earnings. Wally has the good fortune to be paid to pursue his favorite hobby, investing, but he also enjoys golf, skiing, tennis, reading, and working with charitable and educational foundations. Wally is on the Board of Trustees for Carleton College and serves on the Executive Committee of Building Bright Futures in Omaha.

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Voya Corporate Leaders Trust Fund B Q1 2026 Commentary

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Voya Corporate Leaders Trust Fund B Q1 2026 Commentary

Voya Investment Management helps investors push what’s possible through differentiated solutions across its fixed income, equity and multi-asset platforms, including private markets and alternatives. Note: This account is not managed or monitored by Voya Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Voya Investment Management’s official channels.

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