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Nikkei 225, Kospi, Hang Seng Index

A pedestrian walks past an electronic quote board showing Nikkei 225 stock prices at the Tokyo Stock Exchange in Tokyo on March 23, 2026.

Kazuhiro Nogi | Afp | Getty Images

Asia-Pacific markets were mixed on Tuesday as investors evaluated developments in US-Iran negotiations.

U.S. President Donald Trump and his national security team on Monday discussed Iran’s reported offer to reopen the Strait of Hormuz conditional on the United States lifting the blockade and ending the conflict, according to White House press secretary Karoline Leavitt.

It remains unclear whether Trump, who has said the easing of sanctions will only happen when the agreement is “100 percent complete”, is willing to consider the offer as a way to reduce tensions in the two-month-long conflict.

“I will confirm that the president met with his national security team this morning,” Leavitt said when asked about the reports at a news conference Monday afternoon.

of japan Nikkei 225 It fell 0.49% after reaching a record high on Monday, while the Topix rose 0.23%. South Korea’s cospi rIt lost 0.1% of its value, while the small-cap Kosdaq lost 0.92%.

in Australia, S&P/ASX 200 It lost 0.58%.

Likewise in Hong Kong Hang Seng index Futures traded at 25,875, below the index’s last close of 25,925.65.

US futures rise Dow Jones Industrial Average futures By adding 0.12% or 57 points. S&P 500 futures increased by 0.14% Nasdaq 100 futures 0.15% added.

Overnight in the US, the S&P 500 and Nasdaq Composite rose to new record highs, but gains were limited as stalled Iran peace talks and new tensions in the Strait of Hormuz pushed oil prices higher.

The broad market index closed at a record level of 7,173.91, up 0.12%. Nasdaq Composite broke the closing record with an increase of 0.20% to 24,887.10 points. Both indices hit all-time highs in the session. The Dow Jones Industrial Average fell 62.92 points, or 0.13%, to 49,167.79.

— CNBC’s Sean Conlon and Yun Li contributed to this report.

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