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Tokyo Stock Exchange in January 2022.
Toru Hanai | Bloomberg | Getty Images
Asia-Pacific markets opened higher on Tuesday on hopes of finding a solution to the Middle East conflict as tensions between Iran and the United States continue to escalate.
Iranian Parliament Speaker Mohammad Bagir Galibaf said in his statement on he said. to mail.
“We do not accept negotiations under the shadow of threats and have been preparing to reveal new cards on the battlefield for the last two weeks,” Galibaf, Iran’s chief negotiator, said.
This comes after President Donald Trump said “lots of bombs” on Monday [will] He will threaten Iran with overwhelming military force if no agreement is reached with Tehran before the shaky ceasefire ends on Tuesday evening.
The threats came as the US delegation was preparing to return to Pakistan for a possible second round of peace talks.
Investors remain optimistic about the broader picture ahead for stocks. Wells Fargo chief equity strategist Ohsung Kwon said on CNBC’s “Closing Bell: Overtime” Monday afternoon. “I think the economy will be good for the next three months.”
West Texas Intermediate Futures for May delivery were down 1.72% at $88.07 per barrel as of 20:00 ET. Brent crude oil June futures fell 1.02% to $94.51 per barrel.
South Korean Kospi gained 1.58%, while small-cap Kosdaq gained 0.90%. While Japan’s Nikkei 225 index gained 0.52%, the Topix rose slightly. Australia’s S&P/ASX 200 index rose 0.20%.
Hong Kong Hang Seng index Futures traded at 26,494, above the index’s last close of 26,361.07.
Overnight on Wall Street, S&P 500 and Nasdaq 100 futures rose 0.1% and 0.2%, respectively. Futures tied to the Dow Jones Industrial Average rose 70 points, or 0.2%.
In Monday’s regular session, the S&P 500 index closed at 7,109.14 points, losing 0.24%, while the Nasdaq Composite index closed at 24,404.39 points, down 0.26%, ending the 13-day winning streak and reaching the longest positive streak since 1992. The Dow Jones Industrial Average lost 4.87 points, or 0.01%, to 24,404.39 points. 49,442.56.
— CNBC’s Kevin Breuninger, Lisa Kailai Khan, Sean Conlon and Fred Imbert contributed to this report.
