Global Market Today: Asian stocks climb to record on tech, oil drops

Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea's SK Hynix reached a $1 trillion market cap, mirroring Wall Street's tech rally. Hopes for a US-Iran peace deal contributed to global equity gains, despite mixed US consumer confidence data.

May 27, 2026 - 06:00
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Global Market Today: Asian stocks climb to record on tech, oil drops
Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea's SK Hynix reached a $1 trillion market cap, mirroring Wall Street's tech rally. Hopes for a US-Iran peace deal contributed to global equity gains, despite mixed US consumer confidence data.

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