Kospi, Hang Seng Index, Nikkei 225
A pedestrian walks past monitors showing the Nikkei 225 Stock Average figure outside a securities firm on May 7, 2026 in Tokyo, Japan.
Tomohiro Ohsumi | Getty Images News | Getty Images
Asia-Pacific markets opened higher on Tuesday as investors shrugged off fresh doubts about the fragile U.S.-Iran truce after President Donald Trump warned the truce was on “massive life support.”
Trump on Monday cast doubt on the survival of the US-Iran ceasefire, saying the fragile truce was effectively “on life support” after Tehran gave what he described as an unacceptable response to Washington’s proposal to end the conflict.
“I would say the ceasefire was on massive life support where the doctor walked in and said, ‘Sir, your loved one has about a 1% chance of survival,'” he said.
of japan Nikkei 225 It increased by 0.2%, while Topix increased by 0.54%. South Korea’s Kospi rose more than 2% after reaching a new record high on Monday. Small-cap Kosdaq gained 0.62%. in Australia, S&P/ASX 200 it was flat.
Likewise in Hong Kong Hang Seng index Futures traded at 26,421, above the index’s last close of 26,406.84.
Global stocks have continued to rise despite rising geopolitical tensions, high oil prices and ongoing inflation concerns; This underscores what Jordan Rizzuto, CIO of GammaRoad Capital Partners, describes as a “show me” market, where investors are increasingly reluctant to react to risks unless they materially disrupt economic or institutional fundamentals.
He wrote in a note Tuesday that in recent years, after weathering the pandemic, rising inflation, aggressive rate hikes and tariff fears, investors have been conditioned to buy into market weakness rather than retreat from it.
Rizzuto added that structural factors, including retail inflows into leveraged exchange-traded funds and call options, also powered the rise. This prompted sellers to purchase underlying stocks for hedging purposes, leading to the rapid expansion of buffer funds and hedged stock strategies that provide additional downside protection.
in the USA, S&P 500 futures was marginally higher and Nasdaq 100 futures 0.1% added. Futures tied to Dow Jones Industrial Average It added 24 points, or less than 0.1%.
overnight in the USA, S&P 500 Oil prices rose, supported by major technology stocks, even as oil prices rose after Trump rejected Iran’s latest offer to end the war.
The broad market index closed at 7,412.84 points, with an increase of 0.19 percent. Nasdaq Composite It ended at 26,274.13, up 0.1%. Both indices reached all-time high intraday highs and closed at records during the session. Dow Jones Industrial Average It rose 95.31 points, or 0.19%, to 49,704.47.
— CNBC’s Lisa Kailai Han contributed to this report.
