Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility
HONG KONG (AP) — Stock markets in Japan and South Korea hit fresh record highs Monday on enthusiasm over the artificial intelligence boom and as investors await a decision on the Iran war ceasefire extension. Oil prices gained more than 2% as U. S. -Iran negotiations continued, including on the reopening of the Strait of Hormuz, a key waterway for global oil and natural gas transit. U. S. futures edged higher. Asian shares mostly advanced, and Japan’s and South Korea’s benchmarks hit led...
Read MoreMon, 01 Jun 2026
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